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Question

Solve the following.

Antony and Budenmia invests Rs. 24,000 and Rs. 36,000 in a partnership (Small scale industry). At the end of the year, they get Rs.10,000 in the form of profit. What is the amount of profit each gets?

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Solution

Antony’s investment = Rs. 24000

Budenmia’s investment = Rs. 36000

Profit = Rs. 10000

Ratio of their investments = 24000 : 36000 = 2 : 3

So, the profit must be divided in the ratio 2 : 3.

Sum of the parts = 2 + 3 = 5

∴Profit of Antony =

Profit of Budenmia = Rs. (10000 − 4000) = Rs. 6000


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