Multiple choice

Three partners, Anil, Bharat, and Chandra, invest in a business with share of 40%, 35%, and 25%, respectively. If the total profit for the year is Rs. 5,00,000, what is the positive difference between the profit received by Anil and Chandra?

  1. Rs. 50,000

  2. Rs. 73,000

  3. Rs. 75,000

  4. Rs. 78,000

  5. Rs. 83,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Anil's share = 40% of 5,00,000 = 2,00,000. Chandra's share = 25% of 5,00,000 = 1,25,000. Difference = 2,00,000 - 1,25,000 = 75,000.

AI explanation

The profit sharing ratio is equal to the investment percentage ratio, so their shares are directly proportional to their percentages. Anil receives 40 percent and Chandra receives 25 percent of the total profit. The difference in their profit percentages is 15 percent, and we calculate 15 percent of the Rs. 5,00,000 total profit. This results in a difference of Rs. 75,000.

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