Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 65
A and B starts a business with investment of ₹ 28000 and ₹ 42000 respectively. A invests for 8 months and B invests for one year.If the total profit at the end of year is ₹ 21125, then what is the share of B?
Solution
Investment of A = Rs.28000
Duration of A = 8 months
Total investment of A = Rs.28000$$\times$$8
Investment of B = Rs.42000
Duration of B = 12 months
Total investment of B = Rs.42000$$\times$$12
Ratio of profits = Ratio of investments = $$Rs.28000\times8 : Rs.42000\times12 = 28 : 63$$
Therefore, Profit of B = $$\dfrac{63}{28+63}\times21125 = \dfrac{63}{91}\times21125 = Rs.14625$$
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
