Question

Jay started a business investing Rs. 12,000. After four months, Ajay joined him with a capital of Rs. 16,000. At the end of the year, they made a profit of Rs. 5,100. What should Ajay's share be in the venture?

• A. Rs. 2,400
• B. Rs. 2,700
• C. Rs. 3,600
• D. Rs. 3,200

Answer 1

Answer:

A. Rs. 2,400

Investment × time period of Jay = 12000 × 12 Investment × time period of Ajay = 16000 × 8 Profit Ratio of (Jay : Ajay) = 12000 × 12 : 16000 × 8 ⇒ Profit Ratio of (Jay : Ajay) = 9 : 8 share of Ajay = 5100 × 8/17 Share of Ajay = Rs. 2400