Question

    ‘Karan’ invested Rs. 3,000 in a business. After 5

    months, ‘Lokesh’ joined with 60% of Karan’s investment. If the total profit at the end of the year is Rs. 8,100, find Lokesh's share.
    A Rs 1400 Correct Answer Incorrect Answer
    B Rs 2400 Correct Answer Incorrect Answer
    C Rs 1600 Correct Answer Incorrect Answer
    D Rs 2100 Correct Answer Incorrect Answer

    Solution

    Investment by Lokesh = 3000 × 0.6 = Rs. 1,800
    Ratio = (12 × 3000):(7 × 1800) = 36000:12600 = 10:3.5 = 20:7
    Lokesh’s share = 8100 × (7/27) = Rs. 2,100

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