Select the correct answerA and B started a business investing Rs. 85000 and Rs. 15000 respectively. In what ratio the profit earned after 2 years be divided between A and B respectively?Options15 : 28 : 55 : 417 : 3
Question
Select the correct answerA and B started a business investing Rs. 85000 and Rs. 15000 respectively. In what ratio the profit earned after 2 years be divided between A and B respectively?Options15 : 28 : 55 : 417 : 3
Solution
The profit in a business is divided based on the capital invested and the time for which it was invested. Here, both A and B invested for the same time period i.e., 2 years. So, the profit ratio will be in the ratio of their investments.
A's investment = Rs. 85000 B's investment = Rs. 15000
So, the profit ratio of A to B = Investment of A : Investment of B = 85000 : 15000 = 85 : 15 = 17 : 3
So, the profit earned after 2 years should be divided between A and B in the ratio 17 : 3. Therefore, the correct answer is 17 : 3.
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