Select the correct answerRamu and Shaloo are partners in a business. Ramu invests Rs. 35000 for 8 months and Shaloo invests Rs. 42000 for 10 months. Out of a profit of Rs. 31570 Ramu’s share is :Options𝑅𝑠. 12,628Rs. 9000Rs. 18,000Rs. 19000
Question
Select the correct answerRamu and Shaloo are partners in a business. Ramu invests Rs. 35000 for 8 months and Shaloo invests Rs. 42000 for 10 months. Out of a profit of Rs. 31570 Ramu’s share is :Options𝑅𝑠. 12,628Rs. 9000Rs. 18,000Rs. 19000
Solution
To solve this problem, we need to calculate the ratio of the investments made by Ramu and Shaloo.
The ratio is calculated as (Investment * Time).
For Ramu, it is (35000 * 8) = 280000 For Shaloo, it is (42000 * 10) = 420000
So, the ratio of Ramu's investment to Shaloo's investment is 280000 : 420000, which simplifies to 2 : 3.
This means that for every 5 parts of the profit, Ramu gets 2 parts and Shaloo gets 3 parts.
The total profit is Rs. 31570, so Ramu's share is (2/5) * 31570 = Rs. 12628.
So, the correct answer is Rs. 12,628.
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