Difficulty: Easy
Correct Answer: Rs. 8000
Explanation:
Introduction / Context:
In partnership problems, profit is divided in the ratio of capital × time (money product). When partners join at different times, weight each investment by its active duration to get fair shares.
Given Data / Assumptions:
Concept / Approach:
Compute money products and use them as share weights. Ratio = (40000*12) : (60000*8). Divide profit in this ratio to obtain Vikas’s share.
Step-by-Step Solution:
Pramod weight = 40000 * 12 = 480000.Vikas weight = 60000 * 8 = 480000.Weights ratio = 1 : 1. Total profit split equally.Vikas’s share = 16000 / 2 = ₹ 8000.
Verification / Alternative check:
If profit per weight unit is the same, equal weights imply equal profits. The computation confirms symmetry in money-time product.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
Rs. 8000
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