Arun, Kamal, and Vinay invest ₹8,000, ₹4,000, and ₹8,000 respectively. Arun withdraws after 6 months. If the total profit after 8 months is ₹4,005, what is Kamal's share?
Aptitude
Partnership
Difficulty: Medium
Choose an option
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A₹1,335
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B₹890
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C₹1,115
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D₹1,780
Answer
Correct Answer: ₹890
Explanation
Problem restatementCompute each partner's time-weighted capital and then allocate the profit accordingly. Arun leaves at month 6; business ends at month 8.
Given data
- Arun: ₹8,000 for 6 months.
- Kamal: ₹4,000 for 8 months.
- Vinay: ₹8,000 for 8 months.
- Total profit = ₹4,005.
Concept/ApproachShares ∝ capital × time (money-months).
Step-by-step calculation Arun units = 8,000 × 6 = 48,000 Kamal units = 4,000 × 8 = 32,000 Vinay units = 8,000 × 8 = 64,000 Ratio = 48,000 : 32,000 : 64,000 = 3 : 2 : 4 Sum of parts = 3 + 2 + 4 = 9 One part = 4,005 ÷ 9 = 445 Kamal's share = 2 × 445 = ₹890
VerificationArun's share = 3 × 445 = ₹1,335; Vinay's = 4 × 445 = ₹1,780; total = 1,335 + 890 + 1,780 = ₹4,005.
Common pitfalls
- Dividing profit by the raw capital ratio without time-weighting.
Final Answer₹890