A and B invested ₹1,20,000 and ₹1,60,000 respectively. A remained for 10…
2025
A and B invested ₹1,20,000 and ₹1,60,000 respectively. A remained for 10 months and B for 7 months.
What is the total profit if B's share is ₹16,800?
- A.
₹34,800
- B.
₹34,000
- C.
₹10,000
- D.
₹10,500
Show answer & explanation
Correct answer: A
A's capital-time product is 120000 x 10 = 1200000, and B's is 160000 x 7 = 1120000. The ratio is 15:14. If B's 14 parts are Rs 16800, total 29 parts are Rs 34800.