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
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Feb 20, 2025