Question
N initiates a business, and after 3 months, D also
becomes a part of the business. The initial investment of N and D is in the ratio of 3:2, respectively. N and D receive Rs. _____ and Rs. _____, respectively, as profit after completing one year of the company. Which of the following options fills the two blanks in the question correctly? I. Rs.2814, Rs.1407 II. Rs.1758, Rs.879 III. Rs.2356, Rs.1146Solution
ATQ, The ratio of profit share of N and D is N: D = 3 × 12: 2 × (12 – 3) = 2: 1 From I: The profit ratio of N and D = 2814: 1407 = 2: 1 This satisfies the given condition. From II: The profit ratio of N and D = 1758: 879 = 2: 1 This satisfies the given condition. From III: The profit ratio of N and D = 2356: 1146 This does not satisfy the given condition.
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