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- X starts a business with Rs.
Question 1:
X starts a business with Rs.45000. Y joins in the business after 3 months with Rs.30000.What will be the ratio in which they should share the profit at the end of the year?
A. 1:2
B. 2:1
Feedback Ratio in which they should share the profit
= Ratio of the investments multiplied by the time period
= 45000 × 12: 30000 × 9
= 45 × 12: 30 × 9
= 3 × 12: 2 × 9
= 2:1
= Ratio of the investments multiplied by the time period
= 45000 × 12: 30000 × 9
= 45 × 12: 30 × 9
= 3 × 12: 2 × 9
= 2:1
C. 1:3
D. 3:1
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