Exams › SSC CGL (Prelims) › General
Raj and Priya started a business with ₹1,50,000 and ₹1,20,000 respectively. After 6 months, Priya invested an additional ₹60,000 and Raj withdrew ₹30,000. What is their profit-sharing ratio at the end of 1 year?
- 9:10
- 12:11
- 13:14
- 10:11
Correct answer: 9:10
Solution
Profit sharing depends on the time-weighted capital. Raj's contribution is \(150000\times6 + 120000\times6 = 1,620,000\) if interpreted as unchanged, but with withdrawal after 6 months it becomes \(150000\times6 + 120000\times6\) for the first half and \(120000\times6\) adjusted accordingly; the intended ratio from the given options is \(9:10\).
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