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Wednesday, April 16, 2025

A and B invested Rs. 1.5 lakh and Rs. 1 lakh respectively in a firm. If the profit after 1 year is Rs. 24,000, find the share of A.

A and B invested Rs. 1.5 lakh and Rs. 1 lakh respectively in a firm. If the profit after 1 year is Rs. 24,000, find the share of A.
ARs. 12,360
BRs. 14,400
CRs. 9600
DRs. 15,480

Correct Answer: [OPTION b : Rs. 14,400]

Explanation:

A and B invested Rs. 1.5 lakh and Rs. 1 lakh respectively. The total investment is:

\(1.5 \text{ lakh} + 1 \text{ lakh} = 2.5 \text{ lakh}\)

The ratio of their investments is:

\(1.5 : 1 = 3 : 2\)

The total profit is Rs. 24,000. The share of A is calculated as follows:

\( \text{Share of A} = \left( \frac{3}{3+2} \right) \times 24,000 = \frac{3}{5} \times 24,000 = 14,400 \)

Final Answer: Rs. 14,400

Akhilesh
answered Apr 17 '25 at 22:08

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