Question 54
EasyOriginal questionDeepa and Farhan start a tuition centre with ₹40,000 and ₹60,000 respectively and run it together for a year. The year's profit is ₹15,000. What is Farhan's share?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
For the same period, profit is shared in the ratio of capital: .
Farhan's share = ₹15,000 × = ₹9,000.
Worth noting
₹6,000 is Deepa's share, and ₹7,500 is an equal split, which ignores the different capitals.
- Concept
- Profit shared in the ratio of capital
- Typical timeTypical
- 35 s
- Your timeYours
- —
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