1.

Karan starts business by investing Rs. 60,000. 6 months later Shirish joins by investing Rs. 1,00,000. At end of year profit is Rs. 1,51,800. What is the Shirish's share in the profit ?

Answer»

RS. 69000



RATIO of the profit = Ratio of the EQUIVALENT capital of Karan and Shirish for 1 month
= 60000 X 12 : 100000 x 6
= 720000 : 600000
= 6 : 5
∴ Shirish's SHARE in the profit = Rs. (5/11 x 151800)= Rs. 69000



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