Multiple choice

Ram and Shyam entered into a partnership with initial investments of Rs. 2500 and Rs. 3000. After 1 year, Ram withdrew 20% and Shyam withdrew 50% of their investments. At the end of 3 years, total profit is Rs. 12500. Then, find the profit share of Ram (in rupees).

  1. 4589

  2. 5000

  3. 5500

  4. 6500

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

Ram's investment: Year 1: 2500, Years 2-3: 2500×0.8=2000. Total=2500+2000+2000=6500. Shyam's investment: Year 1: 3000, Years 2-3: 3000×0.5=1500. Total=3000+1500+1500=6000. Profit ratio=6500:6000=13:12. Ram's share=(13/25)×12500=6500. Option D is correct.

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