Multiple choice

Sushant and Prashant started a business in partnership by investing Rs. 6000 and Rs. 8000, respectively. After 8 months, Prashant left the business. At the end of the year, the business made a profit of Rs. 6800. What is the difference between Sushant's share and Prashant's share?

  1. Rs. 200

  2. Rs. 400

  3. Rs. 800

  4. Rs. 600

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Sushant's investment = 6000 * 12 = 72000. Prashant's investment = 8000 * 8 = 64000. Ratio = 72:64 = 9:8. Total parts = 17. Profit = 6800. Each part = 6800 / 17 = 400. Difference = (9-8) * 400 = 400.

AI explanation

Under the partnership profit sharing method, the profit ratio is the ratio of investment amounts multiplied by time. Sushant's portion is 6000 x 12 = 72000, and Prashant's portion is 8000 x 8 = 64000. The resulting profit ratio of 72000:64000 simplifies to 9:8. In the total profit of Rs. 6800, the difference of 1 part out of 17 total parts equals 6800 divided by 17, which is Rs. 400.