Correct Answer - Option 2 : Rs. 1600
Given:
Akash and Babul started a business by investing their amount in the ratio of 2 : 3
Concept Used:
In partnership business profit is distributed as their investment ratio
Calculation:
Let, the investment of Akash and Babul are 2x and 3x
According to the question,
⇒ 3x = 2400
⇒ x = 800
∴ Profit amount get by Akash is 2x = 2 × 800
⇒ Rs. 1600
∴ The profit amount get by Akash at the end of the year is Rs. 1600