Question

A and B started a business with investments in the ratio of 6:7 respectively. If after one year, the profit earned by A is Rs. 3000, then find the total profit earned in the business after 1 year.

A Rs. 6000 Correct Answer Incorrect Answer
B Rs. 6570 Correct Answer Incorrect Answer
C Rs. 6500 Correct Answer Incorrect Answer
D Rs. 6900 Correct Answer Incorrect Answer
E Rs. 7500 Correct Answer Incorrect Answer

Solution

Ratio of profit share of A: B = 6 x 1: 7 x 1 = 6: 7 Total profit in business = (3000/6) x (6 + 7) = Rs. 6500

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