Gopal started a business with Rs. 3000. After 6 months Dinesh also joined him with Rs. 2000. If at the end of the year the profit is Rs. 2600. What is the share of Dinesh in the profit?
Correct Answer: Rs. 650
Explanation:
Ratio between the investment of Gopal and Dinesh = (3000 x 12) : (2000 x 6)
= 36000 : 12000
= 3 : 1
Dinesh's share = [1/(3 +1)] x 2600 = Rs. 650
