P and Q invest ₹45,000 and ₹80,000 respectively in a business. What is Q's share in a profit of ₹120,000?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹76,800.
P : Q investment = 45000 : 80000
Divide by 5000
= 9 : 16
Total ratio = 9 + 16 = 25
Q’s share = (16 / 25) × 120000
= 16 × 4800
= 76800