A and B started a business by investing Rs. 18,500 and Rs. 22,500 respectively. If B's share in the profit earned by them is Rs. 900, then what is the total profit?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Rs. 1640
When partners invest for the same period, the profit is shared in the ratio of their investments.
Ratio of the investments, A : B \(=18500:22500=37:45\) (dividing both by 500)
B’s share is 45 of these parts: 45 parts \(=\text{Rs. }900\), so 1 part \(=\text{Rs. }20\)
Total profit \(=(37+45)\) parts \(=82\times20=\text{Rs. }1640\)