Question

    Ajay and Vijay started a business with investments of Rs. 25,000 and Rs. 15,000, respectively. After 9 months, Sanjay joined them with an investment equal to Vijay. If at the end of the year profit share of Ajay is Rs. 10,000, then find the annual profit share of Sanjay.

    A Rs.1200 Correct Answer Incorrect Answer
    B Rs.1400 Correct Answer Incorrect Answer
    C Rs.1500 Correct Answer Incorrect Answer
    D Rs.1320 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of annual profit shares of Ajay, Vijay, and Sanjay, respectively: (25,000×12):(15,000×12):(15,000×3)=25:15:3.75=100:60:15=20:12:3 Required profit share of Sanjay:

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