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Question

Naveen started a business investing Rs. 12,000. After 5 months Anubhav joined him with a capital of Rs. 9,000. At the end of the year the total profit was Rs. 4,416. What is the share of profits of Naveen?

  • Rs. 1,344
  • Rs. 3,364
  • Rs. 3,072
  • Rs. 2,568
  • None of these
Answer- C

Ratio of investments of Naveen and Anubhav as below

( 12000*12 : 9000*7) = (144 : 63)

Ratio of their profits = 144:63

At the end of the year the total profit was Rs. 4,416.

Hence share of Naveen is = (144/207)*4416 = Rs. 3072


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