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Vijay and Ajay started a business initially with ₹ 7600 and ₹ 6800 respectively. If the total loss at the end of a year is ₹ 18000, then what is Ajay’s share in the total loss?1. ₹ 85002. ₹ 84003. ₹ 86004. ₹ 88005. ₹ 8200 |
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Answer» Correct Answer - Option 1 : ₹ 8500 Given: Investment of Vijay = ₹ 7600 Investment of Ajay = ₹ 6800 Time of investment = 1 year Total loss = ₹ 18000 Concept used: Loss = Investment × time Calculation: Loss ratio = (7600 × 1) : (6800 × 1) ⇒ Loss ratio = 19 : 17 Total loss = (19 + 17) = 18000 ⇒ 36 = 18000 Ajay’s loss = (18000/36) × 17 = 8500 ∴ Ajay’s share in total loss is ₹ 8500. |
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