Alim and Badrul entered into a partnership and Alim invests Tk. 10000 in the partnership. At the end of 4 months he withdraws Tk. At the end of another 5 months, he withdraws another Tk. If Badrul receives Tk. 9600 as his share of the total profit of Tk. 19100 for the year, how much did Badrul invest in the company?
Solution
Correct Answer: Option C
Profit- 19100
Badrul receive= 9600
Alim receive= 19100-9600 = 9500
Alims total investment= (10000 X 4)+(8000X5)+(5000 X 3)= 95000
9500 tk profit if investment 95000 tk
9600 tk profit if investment 96000 tk
Badruls investment = 96000/12=8000 tk
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