Riya, Kabir, and Sana start a business together. Riya invests ₹13500 for 8 months, Kabir invests ₹21000 for 6 months, and Sana invests ₹18000 for 12 months. At the end of the year, they earn a total profit of ₹12,600. What is Kabir's share of the profit (in ₹)?
₹3,528
Investment-months: Riya \(13500\times8 = 108{,}000\); Kabir \(21000\times6 = 126{,}000\); Sana \(18000\times12 = 216{,}000\).
Total: \(108{,}000+126{,}000+216{,}000 = 450{,}000\).
Kabir's share: \(\dfrac{126{,}000}{450{,}000}\times12{,}600 = 0.28\times12{,}600 = 3528\).
Hence, Kabir's share of the profit is ₹3,528.
Kiran, Vimal and Naveen started a business by investing Rs. 1,35,000, Rs. 1,50,000 and Rs. 1,65,000 respectively. Find the share of each (respectively), out of an annual profit of Rs. 60,000.
When the incoming partner cannot bring premium for goodwill, then the necessary adjustment for goodwill is done through which one of the following?
A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A withdrew his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A’s share in the profit is:
Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs. 20000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh?
Three friends A, B, and C invested Rs. 20,000, Rs. 18,000, and Rs. 14,000, respectively in a business. If at the end of the year they got a profit of Rs. 7,800, then the profit share of B would be: