Multiple choice

Utkal and Nitpal invested Rs. 7000 and Rs. 8500, respectively in a business. They earned a profit of Rs. 9300 in the business. What was Nitpal's share?

  1. Rs. 4,200

  2. Rs. 4,650

  3. Rs. 5,100

  4. Rs. 5,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The ratio of investment is 7000:8500, which simplifies to 14:17. Nitpal's share is (17 / (14+17)) * 9300 = (17/31) * 9300 = 17 * 300 = 5100.

AI explanation

The profit sharing ratio between Utkal and Nitpal is equal to their investment ratio, which is 7000 to 8500 or 14 to 17. The total of 31 parts corresponds to the total profit of Rs. 9300, meaning one part equals 9300 divided by 31, which is Rs. 300. Nitpal's share is 17 parts, so 17 multiplied by 300 equals Rs. 5,100. The correct answer is Rs. 5,100.

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