Multiple choice

Mahesh and Kishore started a business with investing Rs. $60,000$ and $\mathrm { Rs }50,000$ respectively. If after 1 year they earned Rs. $33,000$ profit, what will be kishore share?

  1. $15,000$
  2. $30,000$
  3. $35,000$
  4. $20,000$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The ratio of their investments is 60,000 : 50,000 = 6 : 5. Total parts = 6 + 5 = 11. Kishore's share is (5/11) * 33,000 = 5 * 3,000 = 15,000.

AI explanation

The profit sharing ratio is the ratio of their investments, which is 60000 : 50000 or 6 : 5. The total profit of Rs. 33000 is divided into 11 parts, so each part is 3000. Kishore's share is 5 parts, so he receives 5 * 3000 = Rs. 15000.

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