Profit and Loss
Money contributed by Mukesh for 1 month = 12 x Rs.6,000, i.e., Rs.72,000. Money contributed by Suresh for 1 month = 12 x Rs.2,000+6xRs.5,000=Rs.54,000. Then ratio of profits = 72,000 : 54,000, i.e., 4 : 3, Therefore, Suresh's share of profit = 3/7 x Rs.1,4000 = Rs.600
Related MCQ Profit and Loss
MOCK TEST SERIES