A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?
A. Rs.8000, Rs.17000
B. Rs.9000, Rs.16000
C. Rs.18000, Rs.7000
D. Rs.10000, Rs.15000
Explanation:
The ratio of their profits A:B = 8:12 = 2:3
Share of A in the total profit = 2/5 * 25000 = Rs.10000 Share of A in the total profit = 3/5 * 25000 = Rs.15000
