Question

    A and B entered into a business investing their capital

    in the ratio of 16:21, respectively and the respective ratio of time for which they made their investment is 3:2 respectively. Find the total profit earned by A and B together, if profit share of A is Rs. 6000.
    A Rs. 10250 Correct Answer Incorrect Answer
    B Rs. 11200 Correct Answer Incorrect Answer
    C Rs. 11250 Correct Answer Incorrect Answer
    D Rs. 11350 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of A to B = (16 × 3):(21 × 2) = 8:7 Desired Profit = 15/8 × 6000 = Rs. 11250

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