Sanjay & Sunil enters into a partnership. Sanjay invests Rs. 2000 and Sunil Rs. 3000. After 6 months

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18 Mar 2021 Partnership

Sanjay & Sunil enters into a partnership. Sanjay invests Rs. 2000 and Sunil Rs. 3000. After 6 months, Sunil withdrew from the business. At the end of the year, the profit was Rs. 4200. How much would Sunil get out of this profit.

OPtion

1) 2200
2) 2100
3) 1800
4) 1550
5) 1500
6) 1600
7) 2400
8) 2250
9) 2300
10) None of the above

Solution

One person’s (Investment X Time) : Another person’s (Investment X Time)
Therefore the ratio in which Sanjay & Sunil would share their profit is-
2000 (12) : 3000 (6) = 4:3
Hence Sunil receives (3/7)*4200 = Rs. 1800

Correct Option: 3 Best Solution (2)