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    Question

    Amit started a business by investing Rs. 60,000. After 4

    months, Harish joined him with a capital of Rs. 48,000. At the end of the years Harish received Rs. 2800 as profit. What is the total profit at the end of the year?
    A 3290 Correct Answer Incorrect Answer
    B 4048 Correct Answer Incorrect Answer
    C 2750 Correct Answer Incorrect Answer
    D 8050 Correct Answer Incorrect Answer

    Solution

    Ratio of Amit’s profit to Harish’s profit = 60 × 12 : 48 × 8 = 15 : 8 Now, lets Amit’s profit be 15x and that of Harish be 8x. Given, 8x = 2800 x = 350 ∴ Total profit = 15x + 8x = 23x = 23 × 350 = 8050

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