Rohan and Sohan started a partnership business with initial investment in the respective ratio of 3: 1. After 4 months, Rohan invested Rs. 2000 more and after 2 more months Sohan invested Rs. 6000 more. If Rohan’s profit share is double of sohan’s profit share after a year, then what was Rohan’s initial investment?
Rohan and Sohan started a partnership business with initial investment in the respective ratio of 3: 1. After 4 months, Rohan invested Rs. 2000 more and after 2 more months Sohan invested Rs. 6000 more. If Rohan’s profit share is double of sohan’s profit share after a year, then what was Rohan’s initial investment? Correct Answer Rs. 14000
Given:
Ratio of initial investment = 3: 1
Profit share ratio = 2: 1 at the end of the year
Concept:
Rohan invests 2000 more after 4 months. And sohan invests 6000 more after 6 months.
Calculation:
Let for the first 4 months Rohan’s investment be ‘3x’
⇒ After 4 months, Rohan invested 2000 more
⇒ (3x × 12) + (2000 × 8)
Let For the first 6 months, Sohan’s investment be ‘x’
⇒ After 6 months, Sohan invested 6000 more
⇒ (x × 12) + (6000 × 6)
Now, ratio of profit share will be same as ratio of investment
and ratio of profit share
⇒ ((3x × 12) + (2000 × 8))/((x × 12) + (6000 × 6)) = 2/1
⇒ 12x = 56000
⇒ 3x = 14000
∴ Rohan’s initial investment = Rs. 14,000