Multiple choice

Ranjeet, Akash and Vijay invested Rs. 10000, Rs. 12000 and Rs. 8000 respectively in a business. Ranjeet left after six months. If after ten months, there was a gain of Rs. 1820, then what will be the share of Vijay?

  1. 530 Rs.

  2. 650 Rs.

  3. 480 Rs.

  4. 560 Rs.

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In partnership, profit is shared in proportion to investment × time. Vijay's ratio is 80000:260000 or 8:26. His share of Rs. 1,820 is (8/26) × 1820 = Rs. 560, which accounts for his full 10-month participation.

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