A and B invested Rs. 25,000 each in a business. After 2 months A withdrew Rs. 5,000. What is the ratio of the profits of A and B at the end of the year?
Question and options
A and B invested Rs. 25,000 each in a business. After 2 months A withdrew Rs. 5,000. What is the ratio of the profits of A and B at the end of the year?
- 5 : 6
- 7 : 4
- 8 : 4
- 6 : 5
Answer and explanation
Correct answer: A - 5 : 6
Over 12 months: A = 25000 x 2 + 20000 x 10 = 2,50,000 and B = 25000 x 12 = 3,00,000. Ratio = 5:6.
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CUSAT CAT Five-Year LL.B.
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