Multiple choice

Ramesh and Suresh started a business and invested money in the ratio 2 : 4. After one year the total profit was Rs. 60,000. Now, (a) what would be the share of Ramesh? (b) what would be the share of Suresh?

  1. (a) Rs. 15,000 (b) Rs. 45,000

  2. (a) Rs. 45,000 (b) Rs. 15,000

  3. (a) Rs. 10,000 (b) Rs. 50,000

  4. (a) Rs. 20,000 (b) Rs. 40,000

  5. (a) Rs. 40,000 (b) Rs. 20,000
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total ratio parts = 2 + 4 = 6. Share of Ramesh = (2/6) * 60000 = 20000. Share of Suresh = (4/6) * 60000 = 40000.

AI explanation

Since the time period is the same, the profit is divided in the exact ratio of their initial investments, which is 2 to 4. This investment ratio simplifies to 1 to 2, meaning Ramesh receives 1 part and Suresh receives 2 parts out of a total of 3 parts. For a total profit of Rs. 60000, the value of one part is 60000 divided by 3 to equal Rs. 20000. Therefore, Ramesh gets Rs. 20000 and Suresh gets 2 times 20000 to equal Rs. 40000.

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