Difficulty: Easy
Correct Answer: Rs. 5000
Explanation:
Introduction / Context:
Profits divide in the ratio of capital × time. The profit split 6000 : 3000 = 2 : 1 gives the ratio of their capital-months. Use the known time spans to deduce Ramesh’s capital.
Given Data / Assumptions:
Concept / Approach:
Set capital-months ratio equal to 2 : 1 and solve for R. That directly yields R’s invested capital because his time is known.
Step-by-Step Solution:
Monoj : Ramesh (cap-months) = 120000 : 12R = 2 : 1Cross-multiply: 120000 * 1 = 2 * 12R ⇒ 120000 = 24RR = 120000 / 24 = Rs. 5000
Verification / Alternative check:
Ramesh cap-months = 5000 * 12 = 60000; 120000 : 60000 = 2 : 1, matching the profit split.
Why Other Options Are Wrong:
They imply cap-month ratios different from 2 : 1 under the given time spans.
Common Pitfalls:
Forgetting to multiply capital by months; comparing 20000 to R directly would be incorrect.
Final Answer:
Rs. 5000
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