Exams › SSC CGL (Prelims) › General

Priya invested Rs 75,000 to start a business. Six months later Ravi joined with Rs 50,000. In what ratio should they divide the profit at the end of two years?

1. 2 : 5
2. 5 : 4
3. 2 : 1
4. 9 : 7

Correct answer: 2 : 1

Solution

Priya's capital-months = 75,000 x 24 and Ravi's = 50,000 x 18, giving 1,800,000 : 900,000 which simplifies to 2 : 1. So the profit is shared 2 : 1.

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