Question

Reena and Shaloo are partners in a business. Reena invests Rs.35,000 for 8 months and Shaloo invests Rs.42,000 for 10 months. Out of Profit of Rs.31,570, Reena’s share is:

• A. Rs.9,471
• B. Rs.12,628
• C. Rs.18,040
• D. Rs.18,942

Hint:

When dividing profits based on investment, calculate the time-adjusted contribution of each partner to determine their respective shares accurately.

Answer 1

The Correct Option is C

Step 1: Calculate the investment ratios of Reena and Shaloo.
\[ \text{Reena's Investment} = 35000 \times 8, \quad \text{Shaloo's Investment} = 42000 \times 10 \] \[ \text{Ratio (Reena:Shaloo)} = \frac{35000 \times 8}{42000 \times 10} = \frac{280000}{420000} = \frac{2}{3} \]

Step 2: Calculate Reena's share of the profit based on their investment ratio.
The total ratio = \(2 + 3 = 5\) \[ \text{Reena's Share} = \frac{2}{5} \times 31570 = 12628 \text{ rupees} \]