Arun, Vikas and Punit invested Rs 6,000, Rs 15,000 and Rs 18,000 for 4 years, 2 years and 2 years respectively. Find the ratio Arun : Vikas : Punit of their profits at the end.
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 4 : 5 : 6
When the money stays in for different periods, profit is shared in the ratio of capital × time.
Arun: \(6000\times4=24000\)
Vikas: \(15000\times2=30000\)
Punit: \(18000\times2=36000\)
Ratio \(=24000:30000:36000\); dividing by 6000 gives \(4:5:6\)
The profits are in the ratio 4 : 5 : 6.