Multiple choice

Mahesh invested an amount of Rs. 25,000 and started a business. Rocky joined him after six month with an amount of Rs. 40,000. After two years from starting the business, they earned the profit of Rs. 55,000. What will be Mahesh share in the profit?

  1. Rs. 30,000

  2. Rs. 25,000

  3. Rs. 35,000

  4. Rs. 36,000

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Mahesh invested 25,000 for 24 months, and Rocky invested 40,000 for 18 months. The ratio of their investments is (25,000 * 24) : (40,000 * 18) = 600,000 : 720,000 = 5 : 6. Mahesh's share is 5/11 of 55,000, which equals 25,000.

AI explanation

The profit sharing ratio is the product of investment and time. Mahesh invested 25000 for 24 months and Rocky invested 40000 for 18 months, giving a ratio of 600000 : 720000, or 5 : 6. The total profit of 55000 is divided into 11 parts, so Mahesh's share is (5/11) * 55000, which equals 25000.

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