Aptitude - Partnership - Discussion

We can also do in simple way.

See total profit = 24500.
Simran invested Rs 50000.
Nanda invested Rs 80000.

Lets take in this way 50000/80000.

It comes 5/8.

And simran invested money for 36 months, Nanda 30 months.

Lets take in this way 36/30.

It comes 6/5.

So 5/8*6/5 = 3/4, 3+4=7.

Then profit is 24500.

Lets take Simran profit is 3/7=24500 = 10500.

Similarly if you calculate Nandan's profit and add it the some will be not be 24500.

If profit is Rs. 24,500, then Simran will take 24,000 x 3/7 = Rs. 10,500.

In this why did you take 24,000 profit, instead of taking 24,500 profit?

Awesome explanation. Well said :).

Thanks.

Thankx:).

Thanks for your explanation.

Hi Navneet Sama,

Take a look at the below lines:

Simran invested Rs. 50,000 for 36 months (3 years).

Nanda invested Rs. 80,000 for 30 months only (bcz he joined 6 months later, so 36 - 6 = 30 months).

Therefore, the ratio of their contribution is

= (Simran's Invested Amount X No. of Months) : (Nanda's Invested Amount x No. of months)

= (50,000 x 36) : (80,000 x 30)

= 18,00,000 : 24,00,000

= 18 : 24

= 3 : 4 (I hope this is what you expected).

Now, Total contribution is (3 + 4) = 7.

This means that
1. Simran's contribution is (3 out of 7) = 3/7.
2. Nanda's contribution is (4 out of 7) = 4/7.

If profit is Rs.7 means, Simran will take Rs. 3 and nanda will take Rs. 4.

If profit is Rs. 24,500, then Simran will take 24,000 x 3/7 = Rs. 10,500.

From where these came (3 : 4.) 3.4's ratio, I dint get that figure.

Would you please tell me?