Banking Exams Quant — Question 1806

Question

A invests ₹8,000 for 6 months and B invests ₹6,000 for 8 months in a business. In what ratio should the profit be divided?

  1. 1 : 1
  2. 4 : 3
  3. 3 : 4
  4. 2 : 1

Correct answer

A — 1 : 1

Explanation (English)

Capital × time: A = 8000 × 6 = 48,000; B = 6000 × 8 = 48,000. Ratio = 48000 : 48000 = 1 : 1.

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