Two friends Xavier and Yasir invest Rs.24000 and Rs.16000 respectively in a business. At the end of the year, they make a profit of Rs.26000. What is the share of Xavier’s in the profit?

15,200

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15,500

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15,600

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15,300

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Solution

The correct option is C 15,600
The ratio of investment = 24,000 : 16,000 = 3:2
Share of Xavier’s profit = 26,000 * (3/5) = 15,600

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Two friends Xavier and Yasir invest Rs.24000 and Rs.16000 respectively in a business. At the end of the year, they make a profit of Rs.26000. What is the share of Xavier’s in the profit?

The correct option is C 15,600The ratio of investment = 24,000 : 16,000 = 3:2 Share of Xavier’s profit = 26,000 * (3/5) = 15,600

The correct option is C 15,600
The ratio of investment = 24,000 : 16,000 = 3:2
Share of Xavier’s profit = 26,000 * (3/5) = 15,600