Question
Ram and Shyam invest Rs.15,000 and Rs.25,000, respectively, in a business and at the end of the year , make a profit of Rs.10,000. They agree to re-invest 12% of profit. Out of the remaining profit, each of them takes Rs.1000 and rest is divided in the ratio of their original investment. Find Ram’s total share in the profit.
Answer: Option D
:
D
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D
12% of profit = 1200
Remaining = 8800
After taking 1000 each, amount remaining = 6800
Ratio of shares of Ram and Shyam = 15,000 : 25,000 = 3 : 5
Ram’s share =38×6800=2550
Ram’s profit = 2550 + 1000 = 3550.
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