Question

    A and B start a business together. A invests ₹20,000 for 6 months, and B invests ₹30,000 for 8 months. If the total profit is ₹6000, how much does A get?

    A ₹ 2680 Correct Answer Incorrect Answer
    B ₹ 2880 Correct Answer Incorrect Answer
    C ₹ 2000 Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ, A's investment for 6 months is equivalent to ₹20,000 × 6 = ₹120,000 B's investment for 8 months is equivalent to ₹30,000 × 8 = ₹240,000 The ratio of their investments is 120,000 : 240,000 = 1 : 2. A's share of profit = (1 / 3) × 6000 = ₹2000

    Practice Next