Ramu and Somu started a business initially with ₹1,300 and ₹2,200,…

2025

Ramu and Somu started a business initially with ₹1,300 and ₹2,200, respectively. If the total profit at the end of year is ₹7,350, then what is the Ramu's share in the profit?

  1. A.

    ₹2,710

  2. B.

    ₹2,720

  3. C.

    ₹2,700

  4. D.

    ₹2,730

Show answer & explanation

Correct answer: D

Step-by-Step Solution

In a partnership business, profit is distributed between partners in proportion to their respective investments and the time period for which they invested. Since both invested for the same duration (one year), we distribute the profit based on their initial investment ratio.

  1. Find the Investment Ratio:

    • Ramu's investment = 1300

    • Somu's investment = 2200

    • Ratio = 1300 : 2200 = 13 : 22

  2. Determine Total Ratio Parts:

    • Total parts = 13 + 22 = 35

  3. Calculate Ramu's Share:

    • Ramu's share = (Ramu's ratio part / Total ratio parts) * Total profit

    • Ramu's share = (13 / 35) * 7350

    • Ramu's share = 13 * (7350 / 35)

    • Ramu's share = 13 * 210 = 2730

Explore the full course: Niacl Ao It Specialist