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    • Question

      Sonia invested Rs. 15,000 in a business. After 5 months,

      Ramesh joined with an investment of Rs. 18,000. If the total profit at the end of 2 years is Rs. 35,200, what is Ramesh’s share of the profit?
      A Rs.12000 Correct Answer Incorrect Answer
      B Rs.18200 Correct Answer Incorrect Answer
      C Rs.12500 Correct Answer Incorrect Answer
      D Rs.10500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ;
      Ratio of profit share of ‘Sonia’ and ‘Ramesh’ = [15000 × 24]:[18000 × 19] = 360:342
      Profit share of ‘Ramesh’ = (342/702) × 35200 = Rs. 17,120

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