Math Problem Statement

Q 15. A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the

starting of the business?

C. Rs. 9500

A. Rs. 7500

B. Rs. 9000

D. Rs. 10,000

Solution

To find B's share in the total profit, we need to calculate the ratio of their investments considering the time for which the investments were made.

  1. Step 1: Calculate the time-weighted investment for each partner.

    • A's investment: Rs. 20,000 for 2 years (24 months). 20,000×24=480,000 investment-months20,000 \times 24 = 480,000 \text{ investment-months}
    • B's investment: Rs. 15,000 for 2 years (24 months). 15,000×24=360,000 investment-months15,000 \times 24 = 360,000 \text{ investment-months}
    • C's investment: Rs. 20,000 for 1.5 years (18 months) as C joined after 6 months. 20,000×18=360,000 investment-months20,000 \times 18 = 360,000 \text{ investment-months}
  2. Step 2: Find the total investment ratios.

    • A : B : C = 480,000 : 360,000 : 360,000
    • Simplifying the ratio: A:B:C=4:3:3A : B : C = 4 : 3 : 3
  3. Step 3: Calculate B's share in the total profit.

    • Total profit = Rs. 25,000
    • B's share of the profit: 34+3+3×25,000=310×25,000=7,500\frac{3}{4 + 3 + 3} \times 25,000 = \frac{3}{10} \times 25,000 = 7,500

Thus, B's share in the total profit is Rs. 7,500.

Answer:

A. Rs. 7,500

Would you like more details or have any questions?

Related Questions:

  1. How do you calculate investment ratios in partnership problems?
  2. What is time-weighted investment in partnership?
  3. How would B's share change if C had invested more?
  4. What happens if the partnership had a different profit distribution rule?
  5. How do different time periods affect profit-sharing ratios?

Tip:

Always factor in both the amount of investment and the duration when calculating partnership profit-sharing ratios.

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Math Problem Analysis

Mathematical Concepts

Profit Sharing
Partnership
Ratio and Proportion
Time-weighted Investment

Formulas

Time-weighted investment = investment × number of months
Profit share ratio = individual time-weighted investment / total time-weighted investment
Profit share = (individual's ratio × total profit)

Theorems

Profit-sharing theorem based on time-weighted investments

Suitable Grade Level

Grades 8-10