Partners X and Y invest Rs. 60,000 and Rs. 90,000, respectively. X works for 6 months, Y for 4 months. Profit is divided based on capital × time. Find their profit ratio.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1 : 1.
Profit ratio X : Y = (60000 × 6) : (90000 × 4)
= 360000 : 360000
= 1 : 1