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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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Most Upvoted Answer
A and B invested some money in a business. A invested Rs. 12000 for 8 ...
Understanding the Investment and Time Contribution
A and B have invested different amounts of money for different durations in a business. To find the ratio of their shares in the profit, we need to consider both the amount invested and the time for which the money was invested.
Calculating A's Contribution
- A invested Rs. 12000 for 8 months.
- To find A's effective investment, we multiply the amount by the time:
- A's contribution = 12000 * 8 = 96000.
Calculating B's Contribution
- B invested Rs. 8000 for 12 months (1 year).
- Similarly, to find B's effective investment:
- B's contribution = 8000 * 12 = 96000.
Finding the Ratio of Their Contributions
- A's effective investment = 96000
- B's effective investment = 96000
Now, we can find the ratio of A's share to B's share:
- A's share : B's share = 96000 : 96000 = 1 : 1.
Conclusion
Based on the above calculations, the ratio of A's share to B's share in the profit is 1:1.
Therefore, the correct 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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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? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about 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? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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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