A invests ₹4,000 for 12 months and B invests ₹8,000 for 4 months. Out of a total profit of ₹2,320, what is…
A invests ₹4,000 for 12 months and B invests ₹8,000 for 4 months. Out of a total profit of ₹2,320, what is A's share?
Answer and solution
Correct answer: C) ₹1,392
Ratio = 4,000 × 12 : 8,000 × 4 = 3 : 2; A's share = ₹1,392.
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