SSC CGL – Combined Graduate Level Examination · Question 55
M and N start a business with capital ratio 4:3. After 5 months, M withdraws ₹8,000 and N doubles his. If M invested ₹40,000 and the total profit for one year is ₹60,000, what is M's share?
Show answer & explanation
Answer: (C) ₹25,600
Explanation
M = 40k×5 + 32k×7 = 4.24 L; N = 30k×5 + 60k×7 = 5.7 L; M ≈ 4.24/9.94 × 60,000 ≈ ₹25,600.