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Practice mode Partnership

Asad invests Rs. 30,000 for 12 months and Nadia invests Rs. 45,000 for 8 months. Out of a total profit of Rs. 18,400, what is Asad’s share?

Correct answer B. Rs. 9,200

Explanation

Capital × time: 30,000 × 12 = 3,60,000 and 45,000 × 8 = 3,60,000. The ratio is 1 : 1, so Asad gets 18,400/2 = Rs. 9,200.

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