P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?
Correct answer: E. None of these
- A. 3:4
- B. 3:5
- C. 15:23
- D. 17:23
- E. None of these
Explanation
Both partners invest for the same two years, so time cancels and the profit ratio is the capital ratio, Rs. 85000:Rs. 15000 = 17:3. None of the listed ratios equals 17:3, so option e is appropriate. Option d, 17:23, is a likely mistake caused by using the total of the ratio as the second term.
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