Railways PYQCBT 1 2016

RRB NTPC · Question 19

N invested Rs. 20,000 in a business. Six months later, C joined him with Rs. 10,000. At the end of the year, the profit was Rs. 10,000. What should be the share of N? A. Rs. 2,000 B. Rs. 4,000 C. Rs. 6,000 D. Rs. 8,000

  1. C

  2. B

  3. A

  4. D

Show answer & explanation

Answer: (D) D

Explanation

Profit is shared by capital × time: N = 20,000 × 12 = 2,40,000 and C = 10,000 × 6 = 60,000, a ratio of 4 : 1. N's share = 4/5 × 10,000 = Rs 8,000.