8
Q:
A) 24000 | B) 16000 |
C) 12000 | D) 32000 |
Answer: B) 16000
Explanation:
Explanation:
Given Dileep and Narender started a business.
Dileep invested 8000 for 12 months
Let Narender invested 'p' for 6 months
At the end of the year, their profit ratio is 1 : 1.
Hence,
8000 x 12 : p x 6
p : 16000
p/16000 = 1/1
=> p = 16,000
Hence, Narender invested amount is Rs. 16,000.