Question 9
R and S started a business by investing Rs 165000 and Rs 195000 respectively for the same period of time. If R’s share in the profit earned by them is Rs 11000, then what is the total profit (in Rs) earned by both of them together?
Solution
Investment by R = Rs. 165,000 and by S = Rs. 195,000
=> Ratio of profits at the end of year = $$165,000:195,000=11:13$$
R's share in the profit = Rs. 11,000
=> Total profit = $$\frac{(11+13)}{11}\times11,000$$
=> $$24\times1000=Rs.$$ $$24,000$$
=> Ans - (D)
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