Question

Shanthi and Ramesh enter into a business partnership in which Shanthi contributes ₹ 5000 for 3 months and Ramesh contributes ₹2000 for 4 months. A profit of Rs. 3000 will be split between Shanthi and Ramesh in the ratio of ______.

• A. 4 : 9
• B. 14 : 9
• C. 15 : 8
• D. 9 : 17

Answer 1

The correct option is C

15 : 8

Shanthi contributes ₹ 5000 for 3 months and Ramesh contributes ₹ 2000 for 4 months.

$\Rightarrow$ Profit of Shanthi : Profit of Ramesh = $(5000\times 3):(2000\times 4)=15:8$