Niyamat chacha and Karabi didi have started a partnership business together by investing ₹30000 and ₹50000 respectively. After 6 months Niyamat chacha has invested ₹40000 more but Karabi didi has withdrawn ₹10000 for personal need. If the profit at the end of the year is ₹19000, let us write by calculating the profit share of each of them.
Niyamat chacha’s initial investment = ₹30000×12
= ₹360000
Karabi didi’s initial investment = ₹50000×12
= ₹600000
After 6 months Niyamat chacha has invested = ₹40000 more for 6 months.
= ₹40000×6
= ₹240000
So, Niyamat chacha’s total investment = ₹360000 + ₹240000
= ₹600000
After 6 months Karabi didi has withdrawn = ₹10000 for personal need.
= ₹10000×6
= ₹60000
So, Karabi didi’s total investment = ₹600000-₹60000
= ₹540000
Ratio of capital invested = 600000 : 540000
= 10:9
Total profit = ₹19000
Hence, their shares of profit in ratio of their capitals are:
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= ₹10000
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= ₹9000
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