Question

Ravi and Rani started a business and invested money in the ratio $2:3$. After one year the total profit was $Rs.40,000$. What is the share of Ravi in profit?

• A. Rs. 24000
• B. Rs. 16000
• C. Rs. 28000
• D. Rs. 20000

Answer 1

Correct option is B.

Given:

Total profit $=Rs.40,000$

Ratio of invest Ravi to Rani $=2:3$

Total shares $=2+3=5$

$\Rightarrow$ Share of Ravi $=\frac{2}{5}\times Rs.40000=2\times Rs.8000=Rs.16000$

Share of Rani $=\frac{2}{5}\times Rs.40000=3\times Rs.8000=Rs.24000$