1.

M, N and O started a business with capital ₹ 10000, ₹ 12000 and ₹ 15000 respectively. At the end of 1 year the loss share is ₹ 74000, what is the loss share of M?1. ₹ 200002. ₹ 250003. ₹ 150004. ₹ 300005. ₹ 12000

Answer» Correct Answer - Option 1 : ₹ 20000

Given:

Investment of M = ₹ 10000

Investment of N = ₹ 12000

Investment of O = ₹ 15000

Time of investment = 1 year

Concept used:

Loss = Investment × Time period

Calculation:

Loss ratio = 10000 : 12000 : 15000

⇒ Loss ratio = 10 : 12 : 15

Total Loss = (10 + 12 + 15) = 74000

⇒ 37 = 74000

Loss share of M = (74000/37) × 10

⇒ 20000

∴ The loss share of M is ₹ 20000.



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