Multiple choice

Mukesh and Suresh started a business by investing Rs. 12000 and Rs. 15000 respectively. After 8 months Suresh left the business and at the end of the year the total profit is Rs. 2990. What is the difference between the share of both?

  1. 890

  2. 910

  3. 970

  4. 980

  5. 990
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Profit is distributed in ratio of investment × time. Mukesh: 12000 × 12 = 144000. Suresh: 15000 × 8 = 120000. Ratio is 144:120 = 6:5. Total profit = 2990. Suresh's share = 2990 × 5/11 = 1360, Mukesh's = 2990 × 6/11 = 1630. Difference = 1630 - 1360 = 980. Option D is correct.

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