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Question

Ram and Shyam invest Rs.15,000 and Rs.25,000, respectively, in a business and at the end of the year , make a profit of Rs.10,000. They agree to re-invest 12% of profit. Out of the remaining profit, each of them takes Rs.1000 and rest is divided in the ratio of their original investment. Find Ram’s total share in the profit.

A
Rs. 4250
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B
Rs.3000
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C
Rs.2550
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D
Rs.3550
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Solution

The correct option is D Rs.3550

12% of profit = 1200

Remaining = 8800

After taking 1000 each, amount remaining = 6800

Ratio of shares of Ram and Shyam = 15,000 : 25,000 = 3 : 5

Ram’s share =38×6800=2550

Ram’s profit = 2550 + 1000 = 3550.


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