ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

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

    After five months B joined him with a capital of┬аRs.60,000. After 2 years, they earned a profit of┬аRs.44,850. What was the AтАЩs 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 ├Ч 24):(60000 ├Ч 19)┬атЗТ ┬а20 : 19 Therefore, AтАЩs share = 44850 x (20/39) = Rs.23000

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question