SSC CGL – Combined Graduate Level Examination · Question 60
M and N invest ₹80,000 and ₹1,20,000 respectively. After one year, profit including 8% simple interest on capital is ₹30,000. What is M's share?
Show answer & explanation
Answer: (B) ₹12,000
Explanation
Interest: M 6,400, N 9,600. The remaining 14,000 splits 2 : 3, giving M 5,600; total ₹12,000.