Question

Avinash invested an amount of Rs. 25,000 and started a business. Jitendra joined him after one year with an amount of Rs. 30,000. After two years from starting the business they eamed a profit of Rs. 46,000. What will be Jitendra's share in the profit?

• A. Rs. 14,000
• B. Rs. 12,000
• C. Rs. 17,250
• D. Rs. 20,000

Answer 1

Answer:

C. Rs. 17,250

Ratio = 25000 x 24 : 30000 x 12 = 25 x 24 : 30 x 12 = 600 : 360 = 15:9 Sum of ratios = 15 + 9 = 24 :: Jitendra's share = 9/24 x 46000 = Rs. 17250.