If Rohit , Mohit and Arun invested Rs.10000, Rs.12000, and Rs.18000 respectively for 2 years, 3 years, and 1 years. Find the ratio of their profit at the end.
Answer & explanation
Correct answer: option 2
Rohit Mohit Arun
Investment ⇒ 10000 12000 18000
Inv. Ratio ⇒ 5 : 6 : 9
Time ⇒ 2 years 3 years 1 years
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Profit Ratio ⇒ 10 : 18 : 9
[*Profit ratio = Inv. ratio × Time ratio]