Correct option is B
Given:
Investment of A and B = ₹1,50,000 and ₹2,50,000
Profit earned after one year = ₹6,00,000
New project gave an yield = ₹4,20,000
Concept and Formula Used:
Concept of ratio;
Total revenue = Investment × Time
If two person invest some amount for equal number of years, then the share of the profit is equal to the ratio of their investment.
Solution:
From the investment of A and B,
Ratio of investment of A and B = 3 : 5
profit of A after one year =
86,00,000×3 = 75000
× 3 = 225000
profit of A after one year =
86,00,000×5 = 75000
× 5 = 375000
investment of A for second year = 225000 + 50000 = 275000
investment of B for second year = 375000 + 50000 = 425000
Ratio of investment of A and B = 275000 : 425000
= 11 : 17
profit of A in second year =
28420000×11 = ₹165000