Multiple choice

A and B started a business in partnership. A invested Rs.2000/- for six months and B invested Rs.1500 for 8 months. What is the share of A in total profit of Rs.510?

  1. $Rs.250$
  2. $Rs.255$
  3. $Rs.275$
  4. $Rs.280$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Partnership profit sharing is based on investment × time. A's share: (2000 × 6) / [(2000 × 6) + (1500 × 8)] × 510 = 12000 / (12000 + 12000) × 510 = 12000/24000 × 510 = 0.5 × 510 = Rs. 255. B has equal capital-months despite investing less for longer.

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