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Sanjay and Komal started a business with...

Sanjay and Komal started a business with Rs. 15000 each. After 8 months Komal withdrew Rs. 10000. If at the end of a year there was a profit of Rs. 32000. What was the share of Sanjay in the profit?

A

RS 18000

B

Rs 18500

C

Rs 16500

D

Rs 16000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to calculate the investment of both Sanjay and Komal, and then determine their respective shares in the profit based on their investments. ### Step 1: Calculate Sanjay's Investment Sanjay invested Rs. 15,000 for the entire year (12 months). - Investment = Rs. 15,000 * 12 months = Rs. 180,000 ### Step 2: Calculate Komal's Investment Komal also invested Rs. 15,000 initially, but after 8 months, she withdrew Rs. 10,000. - For the first 8 months, her investment is Rs. 15,000. - For the remaining 4 months, her investment is Rs. 5,000 (after withdrawing Rs. 10,000). Now, we calculate the total investment for Komal: - Investment for the first 8 months = Rs. 15,000 * 8 months = Rs. 120,000 - Investment for the last 4 months = Rs. 5,000 * 4 months = Rs. 20,000 - Total Investment = Rs. 120,000 + Rs. 20,000 = Rs. 140,000 ### Step 3: Find the Ratio of Investments Now we will find the ratio of Sanjay's investment to Komal's investment. - Sanjay's investment = Rs. 180,000 - Komal's investment = Rs. 140,000 The ratio of their investments is: - Ratio = 180,000 : 140,000 = 18 : 14 = 9 : 7 (after simplifying) ### Step 4: Calculate the Total Profit The total profit at the end of the year is Rs. 32,000. ### Step 5: Calculate Sanjay's Share of the Profit To find Sanjay's share in the profit, we use the ratio of their investments: - Total parts in the ratio = 9 + 7 = 16 parts - Sanjay's share = (9/16) * Total Profit - Sanjay's share = (9/16) * 32,000 = 18,000 ### Final Answer Sanjay's share in the profit is Rs. 18,000. ---
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