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Anil started a business with an investme...

Anil started a business with an investment of Rs. 25,000. After 3 months, Vishal joined his busi ness with a capital of Rs. 30,000. At the end of the year, they have made a profit of Rs. 19.000. What will be Anil's share in the profit?

A

Rs. 10,000

B

Rs. 12.500

C

Rs. 10,250

D

Rs. 14,000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate Anil's share in the profit based on their investments and the time they invested in the business. ### Step 1: Determine the investment and time for both Anil and Vishal. - **Anil's Investment**: Rs. 25,000 for 12 months (1 year). - **Vishal's Investment**: Rs. 30,000 for 9 months (since he joined after 3 months). ### Step 2: Calculate the effective capital contribution for both Anil and Vishal. - **Anil's Effective Capital Contribution**: \[ \text{Anil's Contribution} = \text{Investment} \times \text{Time} = 25000 \times 12 = 300000 \] - **Vishal's Effective Capital Contribution**: \[ \text{Vishal's Contribution} = \text{Investment} \times \text{Time} = 30000 \times 9 = 270000 \] ### Step 3: Find the total effective capital contribution. - **Total Contribution**: \[ \text{Total Contribution} = \text{Anil's Contribution} + \text{Vishal's Contribution} = 300000 + 270000 = 570000 \] ### Step 4: Determine the profit-sharing ratio. - **Profit-sharing Ratio**: \[ \text{Anil's Ratio} : \text{Vishal's Ratio} = 300000 : 270000 \] To simplify this ratio, we can divide both sides by 30000: \[ 10 : 9 \] ### Step 5: Calculate Anil's share of the profit. - **Total Profit**: Rs. 19,000 - **Total Parts in the Ratio**: \(10 + 9 = 19\) - **Anil's Share**: \[ \text{Anil's Share} = \left(\frac{10}{19}\right) \times 19000 \] \[ \text{Anil's Share} = \frac{190000}{19} = 10000 \] ### Final Answer: Anil's share in the profit is **Rs. 10,000**. ---
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