New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Veena and Sanu started a business with initial

    investments of Rs. 6400 and Rs. 8000, respectively. The time periods for which they kept their investments in the business were in the ratio of 5:6. If the combined profit they earned was Rs. 2400, what was Sanu's share of the profit?
    A Rs.1200 Correct Answer Incorrect Answer
    B Rs.1320 Correct Answer Incorrect Answer
    C Rs.1440 Correct Answer Incorrect Answer
    D Rs.1560 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of Veena and Sanu, respectively = (6400 × 5):(8000 × 6) = 2:3 Profit share of Sanu = 2400 × [3/(2 + 3)] = Rs.1440

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