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      Question

      ‘C’ and ‘D’ jointly started a business. ‘C’

      invested an amount which was 20% more than ‘D’. However, ‘D’ invested his capital for 10% less time than ‘C’. Calculate their profit ratio at year end.
      A 1:7 Correct Answer Incorrect Answer
      B 4:3 Correct Answer Incorrect Answer
      C 1:5 Correct Answer Incorrect Answer
      D 9:5 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let amount invested by ‘D’ be Rs. s

      Amount invested by ‘C’ = Rs. 1.2s

      Let time for which ‘C’ invested = t months

      Time for which ‘D’ invested = 0.9t months

      Profit ratio = (1.2s × t):(s × 0.9t) = (1.2t):(0.9t) = 12:9 = 4:3

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