Tanoj & Manoj started a business by investing Rs.75000 and Rs.90000 respectively. It was decided to pay Tanoj a monthly salary of Rs.1875 as he was the active partner. At the end of the year if the total profit is Rs.39000. Find the profit of each.

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Solution

Profit sharing ratio = 75000 : 90000 = 5 : 6 Total profit = Rs.39000
Salary f Tanoj $= 12 \times 1875 = R s .22500$
Profit left $= R s .39000 - R s .22500 = R s .16500$
Tanoj's profit = $\frac{5}{11} \times 16500 = 7500$
$∴$ Total profit of Tanoj $= 22500 + 7500 = R s .30000$
Manoj's profit = $\frac{6}{11} \times 16500 = 9000$

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Tanoj & Manoj started a business by investing Rs.75000 and Rs.90000 respectively. It was decided to pay Tanoj a monthly salary of Rs.1875 as he was the active partner. At the end of the year if the total profit is Rs.39000. Find the profit of each.

Profit sharing ratio = 75000 : 90000 = 5 : 6 Total profit = Rs.39000Salary f Tanoj =12×1875=Rs.22500Profit left =Rs.39000−Rs.22500=Rs.16500Tanoj's profit = 511×16500=7500∴ Total profit of Tanoj =22500+7500=Rs.30000Manoj's profit = 611×16500=9000