Akash started business with investment of Rs. 150000. After 6 months, his friend Arpit join him with Rs. 50000. At the end of 2 years, company made the profit of Rs. 120000. If Arpit join the company from initial time, how much more money he can earn?

Akash started business with investment of Rs. 150000. After 6 months, his friend Arpit join him with Rs. 50000. At the end of 2 years, company made the profit of Rs. 120000. If Arpit join the company from initial time, how much more money he can earn? Correct Answer Rs. 6000

For investment ratio,

Akash ∶ Arpit = (150000 × 24) ∶ (50000 × 18) = 3600000 ∶ 900000 = 4 ∶ 1

Amount of profit earn by Arpit = × 120000 = Rs. 24000

If Arpit join from starting,

Respective ratio =

Akash ∶ Arpit = 150000/50000 = 3/1 = 3 ∶ 1

Profit made by Arpit = × 120000 = Rs. 30000

∴ Required difference = 30000 – 24000 = Rs. 6000

Related Questions

Gautam started a business and Akash joined him after certain months. After how much time from the start did Akash join the business? Statement I: Gautam received Rs. 48000 as the profit out of the total profit of Rs. 64000 at the end of the year. Statement II: The investment done by Akash was Rs. 24000.