Aptitude - Partnership - Discussion

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.

@Vivekanandh.

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

Why 36 months how is it possible?

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.