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A profit of Rs. 960 is divided between A and B in the ratio $$\frac{1}{3}$$ : $$\frac{1}{5}$$. The difference of their profit is = ?
Answer & Solution
Correct Answer:
Option
D
Total Profit = Rs. 960/-
A : B = $$\frac{1}{3}$$ : $$\frac{1}{5}$$ = 5 : 3
Profit share of A = $$\frac{5}{8} \times 960 = 600$$
Profit share of B = $$\frac{3}{8} \times 960 = 360$$
Difference of their profit = 600 - 360 = Rs. 240
A : B = $$\frac{1}{3}$$ : $$\frac{1}{5}$$ = 5 : 3
Profit share of A = $$\frac{5}{8} \times 960 = 600$$
Profit share of B = $$\frac{3}{8} \times 960 = 360$$
Difference of their profit = 600 - 360 = Rs. 240
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