Difficulty: Easy
Correct Answer: ₹ 1500
Explanation:
Introduction / Context:
In partnerships, profit shares are proportional to “capital × time.” Compute each partner’s capital-months, form the profit-share ratio, and apply it to the total profit.
Given Data / Assumptions:
Concept / Approach:
Capital-months: A = 10000 * 12; B = 5000 * 8. The ratio A : B determines the split of the profit.
Step-by-Step Solution:
A’s capital-months = 10000 * 12 = 120000B’s capital-months = 5000 * 8 = 40000A : B = 120000 : 40000 = 3 : 1A’s profit = (3/4) * 2000 = ₹ 1500
Verification / Alternative check:
B’s profit = (1/4) * 2000 = ₹ 500. Sum 1500 + 500 = 2000, matching the total profit.
Why Other Options Are Wrong:
800, 1000, 1200, and 1800 do not correspond to the 3 : 1 profit division based on capital-months.
Common Pitfalls:
Using months since start for both partners without adjusting for joining time; ignoring the time component leads to wrong shares.
Final Answer:
₹ 1500
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