Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A starts a business with Rs. 25,000. After 6 months B joins A with Rs. 15,000. Find their profit sharing ratio after one year.

Options:

10 : 07

10 : 03

07 : 03

07 : 05

Correct Answer:

10 : 03

Explanation:

                      A     :     B

Inv. ratio  ⇒   5      :     3

Time ratio ⇒   2     :     1  

Profit ratio⇒   10   :    3                 *(Profit =  Inv. × time)