New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Raj starts a business with an initial investment of Rs.

    15,000. After 6 months, Ravi joins the business by investing Rs. 2,000 more than Raj. After nine months from starting, Raj withdraws 20% from his initial investment. Find the ratio of their profit at the end of 1.5 years.
    A 71:57 Correct Answer Incorrect Answer
    B 39:47 Correct Answer Incorrect Answer
    C 61:79 Correct Answer Incorrect Answer
    D 81:68 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Initial investment of Ravi = 15,000 + 2,000 = Rs. 17,000 Ratio of profit shares of Raj to Ravi at the end of 18 months: = [15,000 X 9 + (15,000 X 0.80) X 9]:[17,000 X 12] = [135,000 + 108,000]:[204,000] = 243,000:204,000 = 81:68

    Practice Next

    Relevant for Exams: