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      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 Γ— 3):(21 Γ— 2) = 8:7 Desired Profit = 15/8 Γ— 6000 = Rs. 11250

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