Question

    Two persons, Abhiram and Abhishek, invested ₹ 24,000

    and ₹ 28,000, respectively, in a business. Abhiram, being an active partner, gets ₹ 425 extra every month for running the business. In 3 years, if Abhiram receives a total of ₹ 21,000, then what is the profit earned by Abhishek in 3 years?
    A ₹ 6,650 Correct Answer Incorrect Answer
    B ₹ 6,850 Correct Answer Incorrect Answer
    C ₹ 6,250 Correct Answer Incorrect Answer
    D ₹ 6,525 Correct Answer Incorrect Answer

    Solution

    Ratio of profit = 24000 × 36 : 28000 × 36 = 6 : 7 Abhiram, being an active partner, gets ₹ 425 × 36 = Rs. 15300 Actual profit earned by Abhiram = 21000 – 15300 = 5700 Therefore, share of Abhishek = 5700 × 7/6 = Rs. 6650

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