1. Prabha started a business investing Rs. 32,000. After 5 months Amit joined her with a capital of Rs. 22,000. At the end of the year the total profit was Rs. 16,409. What is Prabha's share in the profit ?
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By: anil on 05 May 2019 01.38 am
Amount invested by Prabha = Rs. 32,000 and amount invested by Amit = Rs. 22,000 Ratio of amount invested by Prabha : Amit = 16 : 11 Time period in which Prabha invested = 12 months and Amit =76 months Ratio of time periods of Prabha : Amit = 12 : 7 => Ratio of profits earned by Prabha : Amit = $$(16 imes 12)$$:$$(11 imes 7)$$ = 192 : 77 Total profit earned = Rs. 16,409 $$ herefore$$ Prabha’s share in the profit = $$frac{192}{(192+77)} imes 16,409$$ = $$192 imes 61 = Rs. 11,712$$ => Ans - (B)
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