Surds and Indices - Quantitative Aptitude (MCQ) questions for Q. 63
Q. Akash and Akshay are business partners. Akash invests Rs 35,000 for a period of 8 months and Akshay invests Rs 42,000 for a period of 10 months. Out of a total profit of Rs 31,570 what is Akash’s share?- Published on 12 Jun 15a. Rs 12,420
b. Rs 18,040
c. Rs 18,942
d. Rs 12,628
ANSWER: Rs 12,628
For a given business profit is directly dependent upon the capital invested and the time of investment.
=> Ratio of shares of Akash and Akshay becomes: (35,000*8)/(42,000*10) = 2/3
=>% of profit belonging to Akash: 2/(3+2)*(31,570)
=>Rs 12,768
