Discussion

Question:

Akanksha started a business with 24,000. Swapnil joined him two months later with an investment of Rs. 16,000. In what ratio would they share the annual profit?

Explanation:

$\frac{P_{A k a n k s h a}}{P_{S w a p n i l}}$ = $\frac{I_{A k a n k s h a} \times T_{A k a n k s h a}}{I_{S w a p n i l} \times T_{S w a p n i l}}$ = $\frac{24000 \times 12}{16000 \times 10}$ = $\frac{9}{5}$

Hence, option (c).

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