Question
A and B invest Rs. 30,000 and Rs. 50,000 for the same period. If the profit is Rs. 16,000, what is B’s share?
Select an option. Your answer will be checked instantly.
Correct Answer: B. Rs. 10,000
Explanation:
Profit is shared in the ratio of investments, 3:5.
B receives 5/8 of Rs. 16,000 = Rs. 10,000.
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