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 ?
A. 2 : 1
B. 3 : 1
C. 18 : 7
D. 37 : 14
E. None of these
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & {\text{Gautam}}:{\text{Jatin}} \cr & = \left( {6000 \times 12} \right):\left( {35000 \times 8} \right) \cr & = 720000:280000 \cr & = 18:7 \cr} $$Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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