Question

    Anoop initially invested Rs. 14,400 to start a business.

    After 9 months, Bhuvan joined him with an investment of Rs. 16,000. If the total profit at the end of 2 years amounts to Rs. 30,500, what is Bhuvan’s share of the profit?
    A Rs.12000 Correct Answer Incorrect Answer
    B Rs.11500 Correct Answer Incorrect Answer
    C Rs.12500 Correct Answer Incorrect Answer
    D Rs.10500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ; Ratio of profit share of ‘Anoop’ and ‘Bhuvan’ = [14400 × 24]:[16000 × 15] = 36:25 Profit share of ‘Bhuvan’ = (25/61) × 30500 = Rs.12500

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