A profit of Rs. 500 is divided between X and Y in the ratio of 1/2:1/3 .
A profit of Rs. 500 is divided between X and Y in the ratio of 1/2:1/3 . What is the difference between their profit shares ?
Answer/Solution
Rs. 100
Steps/Work
A profit of Rs. 500 is divided between X and Y in the ratio of 1/2 : 1/3 or 3:2.
so profits are 300 and 200.
difference in profit share = 300-200=100
ANSWER:B
so profits are 300 and 200.
difference in profit share = 300-200=100
ANSWER:B