₹8,400
Partnership Profit Sharing (Same Time Period)
In a partnership where the time period of investment is the same, profits are divided in the ratio of investments.
Anand’s investment = ₹22,500
Deepak’s investment = ₹35,000
Investment ratio:
22,500 : 35,000 = 9 : 14
Total parts:
9 + 14 = 23
Deepak’s share:
(14 / 23) × 13,800
= 14 × 600
= ₹8,400
Correct option from the given question: Option 2
Correct answer: ₹8,400
A and B started a business with investment of ₹ $60,000$ and ₹ $90,000$ respectively. After 5 months, B left the business and C joined with a capital which is ₹ 60,000 less than that of B. If at the end of the year, the share of C in the profit was ₹ 42,000, then find the total profit earned at the end of the year.