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In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option.Quantity A: Mrs. Sonia invested Rs. 60,000in a garment business for 1 year. Find the amount if investment required by Mrs. Anita, if the profit after 1 year is divided in the ratio of 3 : 5.Quantity B: Rs. 950001. Quantity A ≥ Quantity B2. Quantity A ≤ Quantity B3. Quantity A < Quantity B4. Quantity A > Quantity B5. Quantity A = Quantity B or No relation |
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Answer» Correct Answer - Option 4 : Quantity A > Quantity B Quantity A: Amount invested by Mrs Sonia is Rs. 60,000. Ratio of profit between the partners is 3 : 5. Ratio of profit = Amount invested by one partner × time period of investment ⦂ Amount invested by other partner × time period of investment Let the required amount which should be invested by Mrs. Anita is Rs x. ⇒ Ratio of share of profit = Sonia : Anita ⇒ Amount invested by Sonia × time period of investment ⦂ Amount invested by Anita × time period of investment ⇒ 3 : 5 = 60,000 × 1 : x × 1 ⇒ x = (60,000 × 5)/3 ⇒ x = Rs 1, 00,000 Quantity B: Rs. 95000 ∴ Quantity A > Quantity B |
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