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Sunil and Gopal are partners in a business. Sunil invests Rs. 20,000 for 9 months and Gopal invests Rs. 30,000 for 12 months. Find the share of Sunil from the total profit of Rs. 60,000.
- ARs. 15000
- BRs. 18000
- CRs. 25000
- DRs. 20000
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Discussion 1
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CCommunity
Time period for which Sunil invested money, t1 = 9 months
Time period for which Gopal invested money, t2 = 12 months
Amount invested by Sunil, I1 = Rs. 20,000
Amount invested by Gopal, I2 = Rs.30,000
Profit = P = Rs. 60,000
Share of Sunil = (P × I1 × t1)/(I1t1 + I2t2) = (60000 × 20000 × 9)/(20000×9 + 30000×12) = Rs. 20,000
∴ Share of Sunil = Rs. 20,000
Time period for which Gopal invested money, t2 = 12 months
Amount invested by Sunil, I1 = Rs. 20,000
Amount invested by Gopal, I2 = Rs.30,000
Profit = P = Rs. 60,000
Share of Sunil = (P × I1 × t1)/(I1t1 + I2t2) = (60000 × 20000 × 9)/(20000×9 + 30000×12) = Rs. 20,000
∴ Share of Sunil = Rs. 20,000