Question

    ‘Farhan’ started a business by investing Rs. 1,000.

    After 8 months, ‘Gautam’ joined him with 120% of Farhan’s investment. If the total profit after a year is Rs. 6,300, what is Gautam’s share?
    A Rs 1800 Correct Answer Incorrect Answer
    B Rs 1200 Correct Answer Incorrect Answer
    C Rs 1600 Correct Answer Incorrect Answer
    D Rs 1500 Correct Answer Incorrect Answer

    Solution

    Investment by Gautam = 1000 × 1.2 = Rs. 1,200
    Ratio = (12 × 1000):(4 × 1200) = 12000:4800 = 5:2
    Gautam’s share = 6300 × (2/7) = Rs. 1,800

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