In a business, Neetika and Geetika invest one-fourth and three-fourth of the total investment respectively. If ₹48,000 is the total investment. Who invested more and by how much?
A
Neetika, ₹18,000
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B
Geetika, ₹24,000
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C
Both invested equally, No difference
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D
Neetika, ₹12,000
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Solution
The correct option is B Geetika, ₹24,000 Total Investment = ₹48,000
Neetika's investment
=14 of ₹48,000
=14×₹48,000
=₹12,000
Geetika's investment
=34 of ₹48,000
=34×₹48,000
= ₹36,000
Hence Geetika's investment is more than Neetika's investment.
Difference = 36,000 - 12,000 = 24,000
Hence, Geetika invested ₹24,000 more than Neetika.