Partnership - Quantitative Aptitude (MCQ) questions for Q. 20534

Q.  Suresh and Ramesh started a business investing Rs. 24,000 and Rs. 40,000 respectively. Out of total profit of Rs. 15,000, what is Ramesh's share?
- Published on 07 Jul 17

a. Rs. 10,000
b. Rs. 9375
c. Rs. 8520
d. None of these

ANSWER: Rs. 9375
 
Ratio of Suresh and Ramesh's share = 24,000 : 40,000 = 3 : 5
Ramesh's share = Rs. (15000 x 5 / 8) = Rs. 9375

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