📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A started a retail business by investing Rs.50,000.

    After five months B joined him with a capital of Rs.60,000. After 2 years, they earned a profit of Rs.44,850. What was the A’s share in the profit?
    A 23000 Correct Answer Incorrect Answer
    B 26880 Correct Answer Incorrect Answer
    C 21600 Correct Answer Incorrect Answer
    D 24200 Correct Answer Incorrect Answer

    Solution

    Ratio of the capital invested by A and B = (50000 × 24):(60000 × 19) ⇒  20 : 19 Therefore, A’s share = 44850 x (20/39) = Rs.23000

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question