Question

Rushil and Bhanu jointly started a business with a capital of Rs. 40,000 and Rs. 20,000 respectively. After 6 months, Rushil invested Rs. 20,000 more in the business, but Bhanu withdrew Rs. 10,000. At the end of the year, the profit earned by the business is Rs. 65,000. What is the profit earned by Bhanu?

• A. Rs. 14,000
• B. Rs. 15,000
• C. Rs. 19,000
• D. Rs. 16,000

Answer 1

The correct option is B

Rs. 15,000

Investment of Rushil over a year $=(40,000\times 6)+(60,000\times 6)$
$\Rightarrow 2,40,000+3,60,000$
$\Rightarrow Rs.6,00,000$

Investment of Bhanu over a year $=(20,000\times 6)+(10,000\times 6)$
$\Rightarrow 1,20,000+60,000$
$\Rightarrow Rs.1,80,000$
Investment of Rushil : Investment of Bhanu = 6,00,000 : 1,80,000 = 10 : 3
Bhanu's share in the profit $=\frac{3}{13}$
$\therefore$ in Rs. 65,000 Bhanu's profit = $65,000\times \frac{3}{13}=Rs.15,000$