Question

X starts a business with Rs.54000. Y joins in the business after 3 months with Rs.36000. What will be the ratio in which they should share the profit at the end of the year?

​

Answer 1

Answer:

Here are the correct options for this question:

A. 1:2

B. 1:3

C. 2:1

D. 3:1

The correct answer is option (C) 2:1

The ratio in which the profit will be shared is equal to ratio of investments multiplied by the time period.

= 45000 * 12 = 30000 * 9

= 45 * 12 : 30 *9

= 3*12 : 2*9

= 2:1