Correct Answer - Option 3 : 15 : 8
Given:
X starts a business with Rs.25,000
After 4 months Y joins him with Rs.20,000
Concept used:
Profit ratio between X and Y = Ratio of (investment × time of investment)
Calculation:
Time of investment of X = 12 months
Time of investment of X = 8 months
Profit ratio of X and Y = (12 × 25,000) ∶ (8 × 20,000) = 15 ∶ 8
∴ Profit ratio of X and Y is 15 ∶ 8.