Question

    A and B together started a business with initial

    investment in the ratio of 1:12, respectively. The time-period of investment for A and B is in the ratio of 3:7, respectively. Find the profit share of B, if the profit share of A is Rs 1000.
    A Rs. 28000 Correct Answer Incorrect Answer
    B Rs. 30000 Correct Answer Incorrect Answer
    C Rs. 34125 Correct Answer Incorrect Answer
    D Rs. 60000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of A to B = (1 × 3): (12 × 7) = 1: 28 Profit share of B = (28/1) × 1000 = Rs 28000

    Practice Next