Prakash, Sachin and Anil started a business jointly investing ₹ $11$ lakh, ₹ $16.5$ lakh and ₹ $8.25$ lakh respectively. The profit earned by them in the business at the end of $3$ years was ₹ $19.5$ lakh. What will be $50\%$ of Anil's share in the profit?
Aptitude
Partnership
Difficulty: Medium
Choose an option
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A₹ 2.25 lakh
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B₹ 2.5 lakh
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C₹ 3.75 lakh
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D₹ 4.5 lakh
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ENone of these
Answer
Correct Answer: ₹ 2.25 lakh
Explanation
### Concept & Equal Time Partnership
When investments are made for the same duration, the profit is shared in the ratio of the initial capital investments.
$$ \text{Profit Ratio} = \text{Investment}_1 : \text{Investment}_2 : \text{Investment}_3 $$
### Step-by-Step Solution
* **Given:**
* Prakash's investment = ₹ $11$ lakh
* Sachin's investment = ₹ $16.5$ lakh
* Anil's investment = ₹ $8.25$ lakh
* Total Profit = ₹ $19.5$ lakh
* **Calculation/Deduction:**
1. Find the ratio of their investments:
$$\text{Prakash} : \text{Sachin} : \text{Anil} = 11 : 16.5 : 8.25$$
2. Multiply by $100$ to remove the decimals:
$$\text{Ratio} = 1100 : 1650 : 825$$
3. Simplify the ratio by dividing by their highest common factor ($275$):
$$\text{Ratio} = 4 : 6 : 3$$
4. Sum the parts of the ratio to find the total denominator:
$$\text{Total parts} = 4 + 6 + 3 = 13$$
5. Calculate Anil's total share in the profit (he represents $3$ parts):
$$\text{Anil's Share} = 19.5 \times \left(\frac{3}{13}\right)$$
$$\text{Anil's Share} = 1.5 \times 3 = 4.5 \text{ lakh}$$
6. The question asks for $50\%$ of Anil's share:
$$50\% \text{ of } 4.5 \text{ lakh} = \frac{4.5}{2} = 2.25 \text{ lakh}$$
### Exam Strategy & Shortcut
When simplifying $1100 : 1650 : 825$, notice that $825 \times 2 = 1650$, so the ratio between the last two is $2 : 1$ (or $6:3$). Knowing $11 \times 75 = 825$, you can divide by common factors like $25$ and $11$ rapidly. Crucially, don't forget the final step: the question specifically asks for $50\%$ of Anil's share, not his full share.
### Common Pitfall
A major trap is calculating Anil's full share ($4.5$ lakh) and immediately selecting option (d). Always re-read the last sentence of the question.
### Final Answer
Therefore, the correct answer is **₹ 2.25 lakh**.