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A and B invested some money in a business. A invested Rs. 12000 for 8 months while B invested Rs. 8000 for the entire year. Find the ratio of A's share to B's share in the profit?
  • a)
    2:1
  • b)
    1:2
  • c)
    1:1
  • d)
    2:3
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A and B invested some money in a business. A invested Rs. 12000 for 8 ...
Ratio of shares = (12000*8) : (8000*12) = 96 : 96 = 1 : 1(12000∗8):(8000∗12)=96:96=1:1
So the answer is option C.
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A and B invested some money in a business. A invested Rs. 12000 for 8 months while B invested Rs. 8000 for the entire year. Find the ratio of As share to Bs share in the profit?a)2:1b)1:2c)1:1d)2:3Correct answer is option 'C'. Can you explain this answer?
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