Question:
Ankit and Raju decided to start a business and they invested Rs. 5500 and Rs. 6500 respectively. After 11 months, the difference between their profits is Rs. 680. Find the total profit.
Ankit and Raju decided to start a business and they invested Rs. 5500 and Rs. 6500 respectively. After 11 months, the difference between their profits is Rs. 680. Find the total profit.
Updated On: Nov 6, 2024
- Rs. 8160
- Rs. 7260
- Rs. 7000
- Rs. 6500
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The Correct Option is A
Solution and Explanation
Profit is distributed in the ratio of their investments, 5500 : 6500 = 11 : 13. Using this ratio and the given difference, the total profit is calculated as Rs. 8160.
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