A invests ₹2,000 for 12 months and B invests ₹4,000 for 8 months. Out of a total profit of ₹3,248, what is…
A invests ₹2,000 for 12 months and B invests ₹4,000 for 8 months. Out of a total profit of ₹3,248, what is A's share?
Answer and solution
Correct answer: C) ₹1,392
Ratio = 2,000 × 12 : 4,000 × 8 = 3 : 4; A's share = ₹1,392.
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