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Asad and Aamir started a business with capitals of 63,000 and 72,000, respectively. After one year, they earned a profit of 45,000. The profit share of Aamir would be?
  1. 26000
  2. 24000
  3. 21000
  4. None of these
Explanation

Calculating the Ratio of Capitals

Asad : Aamir = 63000 : 72000 = 7 : 8

Calculating the Profit Share

Total parts = 7 + 8 = 15

Aamir's share = 8/15 × 45000

= 8 × 3000

= 24000

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