Gautam started a business with a sum of ₹60,000. Jatin joined him 8 months later with a sum of ₹35,000 At what respective ratio will the two share the profit after two years?
Gautam started a business with a sum of ₹60,000. Jatin joined him 8 months later with a sum of ₹35,000 At what respective ratio will the two share the profit after two years?
गौतम ने ₹60,000 की राशि से एक व्यवसाय शुरू किया। जतीन 8 महीने बाद ₹35,000 की राशि के साथ उसमें शामिल हुआ। दो वर्षों के बाद दोनों लाभ को किस अनुपात में बाँटेंगे?
Detailed Solution & Logic
18 : 7
Gautam invested ₹60,000 for 2 years = 24 months.
Jatin joined after 8 months, so he invested for:
$24 - 8 = 16$ months
Profit sharing ratio $\propto$ Investment × Time
Gautam :
$60000 \times 24 = 1440000$
Jatin :
$35000 \times 16 = 560000$
Ratio:
1440000 : 560000 = 18 : 7
Answer: 18 : 7
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