The profit in a business partnership is shared among partners in proportion to their capital investment. Here, partners A and B invested different amounts, and we need to find B's share of the total profit.
Partner A invested ₹12,000.
Partner B invested ₹18,000.
The ratio of their capitals is:
$ \text{A's Capital : B's Capital} = ₹12,000 : ₹18,000 $
Simplifying this ratio by dividing both amounts by their greatest common divisor (₹6,000):
$ \frac{12000}{6000} : \frac{18000}{6000} = 2 : 3 $
So, the ratio of capitals A : B is 2 : 3.
The total number of parts in the ratio is the sum of the individual ratios:
$ \text{Total Parts} = 2 + 3 = 5 $
The total profit made at the end of the year is ₹1,800.
B's share of the profit is calculated using B's ratio part out of the total parts, multiplied by the total profit:
$ \text{B's Profit Share} = \left( \frac{\text{B's Ratio Part}}{\text{Total Parts}} \right) \times \text{Total Profit} $
Substituting the values:
$ \text{B's Profit Share} = \left( \frac{3}{5} \right) \times ₹1,800 $
Now, perform the calculation:
$ \text{B's Profit Share} = 3 \times \left( \frac{₹1,800}{5} \right) $
$ \text{B's Profit Share} = 3 \times ₹360 $
$ \text{B's Profit Share} = ₹1,080 $
Therefore, the profit share of B is ₹1,080.
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: