10
Q:
A) 10000 and 15000 | B) 15000 and 10000 |
C) 5000 and 20000 | D) 20000 and 5000 |
Answer: A) 10000 and 15000
Explanation:
Explanation:
As both A and B invest the same amounts, the ratio of their profits at the end of the year is equal to the ratio of the time periods for which they have invested.
Thus, the required ratio of their profits = A : B = 8 : 12 = 2 : 3.
Hence, share of A in the total profit = 2 x 25000/5 = Rs.10000
Similarly, share of B in the total profit = 3 x 25000/5 = Rs.15000