Question 1
A and B invest Rs. 7834 and Rs. 7483 for 7 and 7 months respectively. If total profit is Rs. 20000, what is B's share?
Share ratio = 7834×7 : 7483×7 = 54838 : 52381
B's share = (52381 / 107219) × 20000 = 9770.84
B's share = (52381 / 107219) × 20000 = 9770.84