Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.
Answer with explanationAnswer: Option B
Note: If you have a clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.
P:Q = 85000:15000 = 17:3
Important to note here that if both have invested for a different period of times then we had to multiply with the number of months to get the desired ratio.