M and N started a business with capital of Rs. 28,000 and Rs. 32,000. After 4 months, M withdrew Rs. 8,000 and N added Rs. 8,000. If at the end of the year, the profit was Rs. 54,000, find N’s share.
Show answer & explanation
Correct answer: C
Explanation
M's Capital = 28,000
N's Capital = 32,000
After 4 months, M withdrew 8,000.
After 4 months, N added 8,000.
Total Profit = 54,000
M = 28,000 × 4 + (28,000 − 8,000) × 8 = 272,000
N = 32,000 × 4 + (32,000 + 8,000) × 8 = 448,000
M : N = 272,000 : 448,000 = 17 : 28
N's Share = 54,000 × 28 / (17 + 28) = ₹33,600