K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L?
A) Rs. 13,204 B) Rs. 14,521 C) Rs. 12,800 D) Rs. 15,000
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D-part.......
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Answer:
Answer: C) Rs. 12,800
Explanation:
Given share of L is 2/7 th of profit. Then, their profits are divided in to 5:2 ratio.
Ratio of K and L is
16000×8/x×4=5/2
x = Rs. 12,800.
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