Q130
Ramesh started a business investing a sum of Rs. 40,000. Six months later, Kevin joined by investing Rs. 20,000. If they make a profit of Rs. 10,000 at the end of the year, how much is the share of Kevin?
A.
Rs. 2,000
AnswerB.
Rs. 4,000
C.
Rs. 3,000
D.
Rs. 2,500
Answer: Option A
Solution
Answer: Option A
Solution:
\begin{array}{*{20}{c}}
{{\text{Ramesh}}}&{}&{{\text{Kevin}}} \\
{40,000 \times 12}&:&{20,000 \times 6}
\end{array}Profit → 4 : 1
5 unit → 10,000
1 unit → 2,000
Kevin share will be Rs. 2,000