hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Gautam started a business with a sum of ₹ 60,000. Jatin joined him 8 months later with a sum of ₹ 35,000. At what respective ratio will the two share
    Question

    Gautam started a business with a sum of ₹ 60,000. Jatin joined him 8 months later with a sum of ₹ 35,000. At what respective ratio will the two share the profit after two years?

    A.

    18:7

    B.

    15:7

    C.

    12:7

    D.

    5:7

    Correct option is A

    Given:

    Gautam’s investment = ₹60,000 (for full 24 months)
    Jatin’s investment = ₹35,000 (joined after 8 months → invested for 16 months)

    Concept Used:
    Profit is shared in the ratio of investment × time.

    Solution:

    Profit ratio=(I1×T1):(I2×T2)\text{Profit ratio} = (I_1 \times T_1) : (I_2 \times T_2)​​

    Gautam’s contribution:
    60,000×24=14,40,00060{,}000 \times 24 = 14{,}40{,}000​​

    Jatin’s contribution:
    35,000×16=5,60,00035{,}000 \times 16 = 5{,}60{,}000​​

    Ratio:
    14,40,000 : 5,60,000 = 144 : 56

    = 18 : 7

    Free Tests

    Free
    Must Attempt

    SSC GD PYP (Held on 4 Feb 2025 S1)

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    Hindi Section Test 1

    languageIcon English
    • pdpQsnIcon20 Questions
    • pdpsheetsIcon40 Marks
    • timerIcon12 Mins
    languageIcon English
    Free
    Must Attempt

    SSC GD Constable Full Mock Test 1

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English

    Similar Questions

    TEST PRIME

    Access ‘SSC CGL Tier I’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    1 month
    students-icon
    370k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow