Aptitude - Partnership - Discussion

@Vivekanandh.

One year = 12 months. So, 3 years means 12*3=36.

It should be 50000*6+80000*30 because within 6mnth Simran invested that much money.

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

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.

If this is a question of partnership, we have always learnt that in case there is mention of partnership deed, we take ratio as equal.

Why in this question have we divided the profit in equivalent ratio?

Why 36 months how is it possible?

How it's 36 months? Please explain it by step by step.

Thanks in advance.

Thanks for easy solution.

When investments of all the partners are 'for the same time', the gain or loss or liability is distributed among the partners in the ratio of their investments.

Let's assume that K is not variable, and K = 1,000.

Therefore, Simran 's investment = 50K*36/36.
Therefore, Nanda 's investment = 80K*30/36.

Let's find ratio of investments,

=> Simran : Nanda = (50K*36/36) : (80K*30/36).
=> Simran : Nanda = (50K*36) : (80K*30).

=> Simran : Nanda = (5*6) : (8*5).
=> Simran : Nanda = 3 : 4.

=> Share of Simran in Profit at end of 3 years.

= 3*24500/(3+4).
= 3*24500/7.
= 3*3500.
= Rs. 10500.