Multiple choice

Karan and Arjun started a business by investing Rs. 12,600 and Rs. 12,400, respectively. After 7 months, they added Rs. 1,400 and Rs. 1,600 more, respectively. 1 3 of the total profit earned after a year was donated to Red Cross. If after giving the donation, the difference between the shares of Karan and Arjun is Rs. 2,000, find the total profit earned after the year.

  1. Rs. 4,75,000

  2. Rs. 5,75,000

  3. Rs. 6,75,000

  4. Rs. 7,05,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Karan's capital-time product is 158,200 and Arjun's is 156,800, so their profit ratio is 1582:1568 = 791:784. Their share difference is 7/1575 of the post-donation profit, giving Rs. 450,000 after donation. Since this is 2/3 of the total profit, the total is Rs. 675,000.

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