Question

    'G' and 'H' started a business by investing Rs. 18,000

    and Rs. 24,000, respectively, where 'G' invested for 12 months and 'H' invested for 9 months. If the business made a profit of Rs. 8,400, then find the profit share of 'G'.
    A Rs.6,200 Correct Answer Incorrect Answer
    B Rs.4,250 Correct Answer Incorrect Answer
    C Rs.4,200 Correct Answer Incorrect Answer
    D Rs.2,200 Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of 'G' and 'H' = (18,000 × 12):(24,000 × 9) = 216,000:216,000 = 1:1 So, profit share of 'G' = 8,400 × (1/2) = Rs.4,200

    Practice Next

    Relevant for Exams: