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Question

Pankaj started a business investing Rs 42000. After 4 months Nitin joined him with a capital of Rs 57000. At the end of the year the total profit was Rs 26000. What is the difference between the share of profits of Pankaj and Nitin ?


Your Answer
A
Rs 1200
Your Answer
B
Rs 1400
Your Answer
C
Rs 1600
Your Answer
D
Rs 1800
Correct Answer
E
None of these

Solution

The correct option is E None of these
Ratio of their shares = 42×12:57×8
=14×12:19×8=21:19
Required difference in shares
=2600021+19×(2119)=Rs1300

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