Aptitude Day 206

Problems on Partnership:

1. John started a business investing 8,000. After 2 months, Leonard joined with the capital of 5,000. If at the end of the year, they earn a profit of 4,410, then what will be the share of Leonard in the profit? 

Solution:

                8000*12 : 5000*10

                48:25

                48+25 = 63.

               Leonard’s share = (4410*25)/ 63

                                         = 1,750.

2. A started a software business by investing 49,000. After 4 months, B joined with him with a capital of 70,000. After 2 years, they earned a profit of 23000. What was A’s share in the profit?

Solution:

                 49000*24 : 70000*20

                 21: 25

                 A’s profit = 23000*21/46

                                 = 10,500.