Multiple choice

Aman and Sandeep entered into a partnership for a year in which Aman invested Rs 110000 and Sandeep invested Rs 80000. After 4 months, Aman invested Rs 90000 more whereas after 5 months, Sandeep invested Rs 20000 more. When two months were left Sangram also joined investing Rs 500000 as his contribution. If the profit for the year was 12.5% of 1920960, find the share of Aman, Sandeep and Sangram.

  1. Rs 320000, Rs 104000, Rs 58000

  2. Rs 118320, Rs 52500, Rs 50000

  3. Rs 52500, Rs 40000, Rs 104000

  4. Rs 118320, Rs. 63800, Rs. 58000

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

Calculate investment ratios using time × amount. Aman: 110000×4 + 200000×8 = 2,040,000. Sandeep: 80000×5 + 100000×7 = 1,100,000. Sangram: 500000×2 = 1,000,000 (joined when 2 months remained). Total investment = 4,140,000. Profit = 12.5% of 1920960 = 240120. Aman's share = (2040000/4140000)×240120 = 118320. Sandeep's share = (1100000/4140000)×240120 = 63800. Sangram's share = (1000000/4140000)×240120 = 58000.

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