NIACL Model Paper 5 with solutions for free online practice

Question : 34 of 100

Marks: +1, -0

Suraj started a business investing ₹ 38000. After 5 months. Ajay joined him with a capital of ₹ 55000. At the end of the year the total profit was ₹22000. What is the approximate difference between the share of profits of Suraj and Ajay?

₹ 1865
₹ 1856
₹ 1800
₹ 1956
₹1500

Validate

Solution:

Ratio of investment

= 38000×12:55000×7

= 38×12:55×7

= 456:385=45:38

Required difference

=22000/{45+38}×(45-38)

{22000×7}/83=22000/12

= 1835 =₹1856

Go to Question:

Prev Question

Next Question