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
All DiscussionsClick here to write answer
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
Post your answers here:
Post
