Saved Bookmarks
| 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:
⇒ 8 ∶ 7 ∴ The ratio of their profits is 8 ∶ 7. |
|||||||