Challenger App

No.1 PSC Learning App

1M+ Downloads
Gautam started a business with a sum of ₹60,000. Jatin joined him 8 months later with a sum of ₹35,000. At what respective ratio will the two share the profit after two years?

A18 : 7

B15 : 7

C12 : 7

D5 : 7

Answer:

A. 18 : 7

Read Explanation:

In a partnership, profit is shared in the ratio of (Capital × Time).

  • Gautam invests ₹60,000 for 24 months.

  • Jatin joins 8 months later, so he invests ₹35,000 for 16 months.

Calculate their capital-time products:

  • Gautam: (60{,}000 \times 24 = 14,40,000)

  • Jatin: (35{,}000 \times 16 = 5,60,000)

Therefore, the profit-sharing ratio is

14,40,000 : 5,60,000

Divide both terms by (80,000):

18:7

Final Answer

18:7\boxed{18:7}


Related Questions:

4 If 125 : y :: y : 180, find the positive value of y
A textbook has a total of 892 pages. It is divided into two parts. The second part of the book has 52 pages less than the first part. How many pages are there in the second part of the book?
Mohit's salary is ₹15,000 per month. He spends ₹5,000 on house rent, ₹2,000 on bills and rest of the amount is his monthly savings. Find his savings in a year, if in the month of his birthday he spent his complete monthly saving for birthday celebration
The monthly incomes of two friends Amit and Gopal, are in the ratio 5 : 7 respectively and each of them saves ₹72000 every month. If the ratio of their monthly expenditure is 2 : 3, find the monthly income of Amit(in ₹).
Four vessels of equal size are filled with mixtures of milk and water. The strength of milk in the four vessels is 80%, 75%, 60% and 50% respectively. If all four mixtures are mixed, what is the ratio of water to milk in the resultant mixture?