Aman and Binoy enter into a partnership with capitals in the ratio 4:5. If the total profit is Rs 9,000, what will Aman's share be?
Show answer & explanation
Correct answer: B
Explanation
Given:
Aman : Binoy = 4 : 5
Total profit = Rs. 9000
By formula:
Profit sharing = in the ratio of investment
Total ratio = 4 + 5 = 9
Aman's share = (4/9) × 9000 = 4000
Aman's share = Rs. 4000