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Goutam started a business with a sum of Rs 60000 Jatin...

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Partnership
?

Goutam started a business with a sum of Rs. 60000. Jatin joined him 8 months later with a sum of Rs. 35000. At what respective ratio will the two share of profit after two years ?

Answer & Solution
Correct Answer: Option C
$$\eqalign{ & {\text{Gautam}}:{\text{Jatin}} \cr & = \left( {6000 \times 12} \right):\left( {35000 \times 8} \right) \cr & = 720000:280000 \cr & = 18:7 \cr} $$
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