Pramod started a business with Rs. 40000. After 4 months Vikas also joined him with Rs. 60000. If at the end of the year, the profit is Rs. 16000, what is the share of Vikas in the profit ?
Rs. 8000
Rs. 4000
Rs. 12000
Rs. 10000
Solution
Ratio between the investment of Pramod and Vikas $= 40000 \times 12 : 60000 \times 8$
$= 480000 : 480000 = 1 : 1$
Total profit = Rs. 16000
Share of Vikas in profit $= \dfrac {16000}{2}$ = RS. 8, 000