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?
- 26000
- 24000
- 21000
- 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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