Question

Arun started a business investing Rs 38000. After 5 months Bakul joined him with a capital of Rs 55000. At the end of the year, the total profit was Rs 22000. What is the approximate difference between the share of profits of Arun and Bakul?

• A. Rs 1192
• B. Rs 1856
• C. Rs 1007
• D. Rs 1928
• E. Rs 1568

Answer 1

The correct option is B Rs 1856

Ratio of investment is Arun: Bakul
$=38000\times 12:55000\times 7=38\times 12:55\times 7$
$=456:385\approx 45:38$
Required difference $=\frac{22000}{45+38}\times (45-38)$
$=\frac{22000\times 7}{83}\approx \frac{22000}{12}\approx 1835\approx Rs1856$