1.

A and B invested Rs. 1.5 lakh and Rs. 1 lakh respectively in a firm. If the profit after 1 year is Rs. 24,000, find the share of A.1. Rs. 12,3602. Rs. 14,4003. Rs. 96004. Rs. 15,480

Answer» Correct Answer - Option 2 : Rs. 14,400

Given:

Investment of A = Rs. 1.5 lakh

Investment of B = Rs. 1 lakh

Total profit after 1 year = Rs. 24,000

Concept used:

Share of profit is directly proportional to the amount of investment multiplied by time of investment

Calculation:

Total investment of A and B = Rs. (1.5 + 1) lakh

⇒ Rs. 2.5 lakh

Share of A = Rs. (1.5/2.5) × 24,000

⇒ Rs. 14,400

∴ The share of A is Rs. 14,400



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