CMA Foundation · Fundamentals of Business Mathematics and Statistics · Ratios, Variations and Proportions
Rajesh and Meena start a business with capital of ₹60,000 and ₹90,000 respectively. If the year's profit is ₹1,25,000 and it is shared in the ratio of capitals, what is Meena's share?
Meena's share is ₹75,000. Profit is divided in the ratio of capitals, 60,000 : 90,000, which simplifies to 2 : 3. Meena holds three of the five parts, so she receives 3/5 of ₹1,25,000, which equals ₹75,000.
- A₹50,000
- B₹75,000Correct
- C₹62,500
- D₹80,000
Explanation
Capital ratio = 60,000 : 90,000 = 2 : 3. Meena's share = 3/5 × 1,25,000 = ₹75,000. Check: Rajesh gets 2/5 × 1,25,000 = ₹50,000, and 50,000 + 75,000 = 1,25,000. Option ₹50,000 is Rajesh's share, which results from using the wrong person's fraction.
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