In a partnership for a fixed period, Anand invested ₹36,000. His share of a ₹12,000 profit was ₹4,800. How much did his partner invest for the same period?

₹24,000Correct answerYour answer₹54,000Correct answerYour answer₹72,000Correct answerYour answer₹90,000Correct answerYour answer

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CorrectNot quiteAnswer B

Correct answer: B

Anand's share : partner's share = $4{,}800 : 7{,}200 = 2 : 3$ .
Capitals are in the same ratio, so partner's capital = ₹36,000 × $3/2$ = ₹54,000.

Worth noting

₹90,000 is the total capital; ₹24,000 comes from using $2/3$ instead of $3/2$ .

Ten questions from Ratio & Proportion, at your own pace.

Explanation