Shortcut Trick
Profit ratio = Sum of (Capital × Time)
A : B : C = (3 × 6 + 6 × 6) : (2 × 6 + 1 × 6) : (4 × 12)
A : B : C = 54 : 18 : 48 = 9 : 3 : 8
Total profit ratio parts = 9 + 3 + 8 = 20
B's share = (3 ÷ 20) × 1,80,000 = Rs. 27,000
∴ The correct answer is Rs. 27,000.
Alternate Method
A's Effective Capital:
3 × 6m
6 × 6m
= 54
B's Effective Capital:
2×6
1×6
= 18
C's Effective Capital:
4 × 12m
= 48
Profit Ratio A : B : C = 54 : 18 : 48 = 9 : 3 : 8
Given:
Initial investment ratio of A : B : C = 3 : 2 : 4
Total profit after 1 year = Rs. 1,80,000
Formula Used:
Profit Share ∝ Effective Capital
Effective Capital = Investment × Time Period
Calculations:
⇒ Let the initial investments of A, B, and C be 3x, 2x, and 4x respectively.
⇒ A invests 3x for 6 months, then doubles it to 6x for the remaining 6 months.
⇒ A's effective capital = (3x × 6) + (6x × 6) = 18x + 36x = 54x
⇒ B invests 2x for 6 months, then halves it to 1x for the remaining 6 months.
⇒ B's effective capital = (2x × 6) + (1x × 6) = 12x + 6x = 18x
⇒ C maintains his investment of 4x for the entire 12 months.
⇒ C's effective capital = 4x × 12 = 48x
⇒ Ratio of profit sharing A : B : C = 54x : 18x : 48x
⇒ Dividing by 6x, we get A : B : C = 9 : 3 : 8
⇒ Total profit ratio parts = 9 + 3 + 8 = 20 parts
⇒ 20 parts = Rs. 1,80,000
⇒ 1 part = 1,80,000 ÷ 20 = Rs. 9,000
⇒ B's profit share = 3 parts = 3 × 9,000 = Rs. 27,000
∴ The correct answer is Rs. 27,000.
Additional Information
Compound Partnership
When partners invest their capital for different durations, the partnership is called a compound partnership. The profits are divided proportionally based on the product of capital and the time period.
Working (Active) Partner
A partner who actively manages the business is called a working partner. They usually receive a fixed salary or a specific percentage of the total profit for their management, after which the remaining profit is distributed among all partners based on their effective investments.
Sleeping Partner
A partner who only invests money and does not partake in the day-to-day business operations is known as a sleeping partner. Their share of the profit solely depends on their financial investment and duration.