1.

Jay invested Rs. 65000 for a period of 12 months. His friend Abhay invested for 50% of the time than Jay invested and invested an amount which is 75% more than the amount jay invested. Find the ratio of their profits.1. 7 : 102. 8 : 73. 3 : 84. 8 : 5

Answer» Correct Answer - Option 2 : 8 : 7

Given:

Jay invested = Rs. 65000 for 12 months

Abhay invested = 75% more than Jay for 50% times of Jay

Formula: ­

Ratio of Profit = ratios of product of Amount invested and time

Calculation:

Person

Jay

Abhay

Profit

65000 × 12

113750 × 6


Ratio of profit = 65000 × 12 ∶ 113750 × 6

⇒ 8 ∶ 7

The ratio of their profits is 8 7.



Discussion

No Comment Found

Related InterviewSolutions