New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    K and L started a business by investing Rs. (q + 900)

    and Rs. (3q - 1800), respectively. If K's profit share was Rs.27,000 out of a total profit of Rs.63,000, then find the amount invested by 'L'.
    A Rs.2,400 Correct Answer Incorrect Answer
    B Rs.3,600 Correct Answer Incorrect Answer
    C Rs.4,000 Correct Answer Incorrect Answer
    D Rs.1,400 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of K and L = Profit share of L = 63000 - 27000 = Rs. 36,000 ATQ;

    Practice Next

    Relevant for Exams: