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To start a business of selling mask Ashok, Kartik and Vikas invested Rs. 5,000, Rs. 3,000 and Rs. 6,000 respectively. Ashok left after three months. If after six months, there was a gain of Rs. 1840, then what will be the share of Kartik?

To start a business of selling mask Ashok, Kartik and Vikas invested Rs. 5,000, Rs. 3,000 and Rs. 6,000 respectively. Ashok left after three months. If after six months, there was a gain of Rs. 1840, then what will be the share of Kartik? Correct Answer Rs 480

Given:

Investment of Ashok = Rs. 5,000,

Investment of Kartik = Rs. 3,000

Investment of Vikas = Rs. 6,000

Formula:

Calculations:

Ashok’s share = 5,000 × 3 = 15,000

Kartik's share = 3,000 × 6 = 18,000

Vikas's share = 6,000 × 6 = 36,000

Ratio = 15,000 : 18, 000 : 36000

⇒ 5 : 6 : 12

Total = 5 + 6 + 12 = 23

Total profit = 1840

Kartik's profit = (6/23) × 1840 = 480

∴ The share of Kartik is Rs. 480.

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