Examveda
Examveda

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)

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

This Question Belongs to Arithmetic Ability >> Partnership

Join The Discussion

Related Questions on Partnership