Nandini starts a business with ₹60,000. After 4 months Kabir joins her with ₹90,000. At the end of the year the profit is ₹34,000. What is Kabir's share?

₹13,600Correct answerYour answer₹15,000Correct answerYour answer₹17,000Correct answerYour answer₹20,400Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Nandini: $60{,}000 \times 12 = 7{,}20{,}000$ . Kabir: $90{,}000 \times 8 = 7{,}20{,}000$ .
The ratio is $1 : 1$ , so Kabir gets ₹34,000 ÷ 2 = ₹17,000.

Worth noting

₹20,400 splits by capital alone ( $3/5$ of ₹34,000), forgetting that Kabir's money was in for only 8 months.

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

Explanation