Multiple choice

Ajay and Atul start a business together with respective investments Rs. 20,000 and Rs. 30,000. At the end of thirteen years, they earn a total of Rs. 25,00, 000. How much should be Ajay's share (in Rs.) from the total profit?

  1. 10,00,000

  2. 15,00,000

  3. 20,00,000

  4. None of these
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A Correct answer
Explanation

Ratio of investments = 20,000 : 30,000 = 2 : 3. Total parts = 5. Ajay's share = (2/5) * 25,00,000 = 10,00,000.

AI explanation

Using the basic partnership rule, the profit is divided in the ratio of the investments, which is 20000 : 30000 or 2 : 3. Ajay's share of the total profit is 2 / (2 + 3) of 2500000, which equals 1000000. The result is Rs. 10,00,000.

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