Rahul starts a business with Rs $45000$. Six months later, Sanjay joins with Rs $30000$. Their profit-sharing ratio at the end of the year is:
Practice this question from Chapter Mock 2: Ratio, Proportion and Partnership, with options and an explanation.
Question
Rahul starts a business with Rs $45000$. Six months later, Sanjay joins with Rs $30000$. Their profit-sharing ratio at the end of the year is:
Option A
1:3
Option B — Correct answer
3:1
Correct choice.
Option C
2:1
Option D
3:2
Explanation
Weighted capitals are $45000\times12$ and $30000\times6$, giving $540000:180000=3:1$.