Question
Two friends A and B started a business by investing
RS1,50,000 and RS 2,50,000, respectively. They agreed to distribute their earnings in the same ratio of their investments. After an year, the profit earned was RS 6,00,000. Each of them added RS 50,000 to their respective profits and invested in a different project. If this project gave an yield of RS 4,20,000, then A’s share in the profit is:Solution
Total =5+3=8 8 = 600000 1=75000 3= 75000×3=225000 5=75000×5=375000 Each of them 50000
28 = 420000 1= 15000 Profit part of A = 11×15000= 165000
More Previous year papers Questions