Reema and Shazia are Partners in a Business. Reema Invests Rs. 35000 for 8 Months and Shazia Invests Rs. 42000 for 10 Months. Out of a Profit of Rs. 31570, Reema’s Share is?

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• Explanation

• Solution

Explanation

Reema and Shazia are partners in a business.

• Reema invests Rs. 35000 for 8 months
• and Shazia invests Rs. 42000 for 10 months.

Our aim is to find out Reema and Shazia’s total investment for 8 and 10 months respectively.

• Reema’s total investment for 8 months will be 280000 (35000 x 8)
• And Shazia’s total investment for 10 months will be 420000 (42000 x 10)

As, profit is given so, required share will be determined by substituting known values in the formula mentioned under as:

Reema’s share in profit = (Reema’s ratio of investment x total profit) / total ratio

To Find

Share in profit = ?

Solution

Total investment of Reema for 8 months = 35000 x 8 = 280000

Total investment of Shazia for 10 months = 42000 x 10 = 420000

Reema : Shazia = 280000 : 420000

Reema : Shazia = 14 : 21        (14 + 21 = 35)

Reema’s share in profit = (14 x 31570)/35 = Rs. 12628 answer

Conclusion

Reema and Shazia are partners in a business. Reema invests Rs. 35000 for 8 months and Shazia invests Rs. 42000 for 10 months. Out of a profit of Rs. 31570, Reema’s share in profit will be Rs. 12628.