Question

A profit of rs. 500 is divided between x and y in the ratio of ½ : 1/3 .what is the difference between their profit shares ?

a.rs. 200

b.rs. 100

c.rs. 300

d.rs. 50

Answer 1

Profit different between X and Y is Rs. 100(b)

Solution:

Profit = Rs. 500

Ratio of X, Y = 1/2 : 1/3

Sum of ratio = 1/2 + 1/3 = 5/6

Profit of X = 500 * (1/2)/(5/6)

=> 500 * 6/10 = Rs. 300

Profit of Y = 500 * (1/3)/(5/6)

=> 500 * 6/15 = Rs. 200

Profit difference between X and Y = Rs. 300 - Rs. 200 = Rs. 100.