Question
General Aptitude Question on Profit and Loss
Ankit and Raju decided to start a business and they invested Rs. 5500 and Rs. 6500 respectively. After 11 months, the difference between their profits is Rs. 680. Find the total profit.
A
Rs. 8160
B
Rs. 7260
C
Rs. 7000
D
Rs. 6500
Answer
Rs. 8160
Explanation
Solution
Profit is distributed in the ratio of their investments, 5500 : 6500 = 11 : 13. Using this ratio and the given difference, the total profit is calculated as Rs. 8160.