A and B invested ₹60,000 and ₹40,000, respectively, for 12 months. A take 10% of the profit for managing. The remaining profit of Rs. 90,000 is divided based on capital. What is B’s share?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹36,000.
Capital ratio of A : B = 60000 : 40000 = 3x : 2x
Remaining profit = ₹90,000
B’s share = × 90000 = × 90000 = ₹36,000