Question

    Puneet invested Rs. 28,000 for 4.5 years, while Qureshi

    invested Rs. 8,000 more than Puneet for a duration of 3.5 years in a business. If their combined profit is Rs. 46,574, what is Puneet's share of the profit?
    A Rs.23287 Correct Answer Incorrect Answer
    B Rs.20287 Correct Answer Incorrect Answer
    C Rs.23587 Correct Answer Incorrect Answer
    D Rs.13287 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of the profits received by ‘Puneet’ and ‘Qureshi’ = (28000 × 4.5):(36000 × 3.5) = 1:1 Therefore, profit share of ‘Puneet’ = 46574/2 = Rs.23287

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