If Arun , Vikas and Punit invested Rs.6000, Rs.15000, and Rs.18000 respectively for 4 years, 2 years, and 2 years. Find the ratio of their profit at the end.
Answer & explanation
Correct answer: option 1
Arun Vikas Punit
Investment ⇒ 6000 15000 18000
Inv. Ratio ⇒ 2 : 5 : 6
Time ⇒ 4 years 2 years 2 years
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Profit Ratio ⇒ 8 : 10 : 12
= 4 : 5 : 6
(*Profit ratio = Inv. ratio × time ratio)