Correct Answer - Option 2 : Rs. 14,400
Given:
Investment of A = Rs. 1.5 lakh
Investment of B = Rs. 1 lakh
Total profit after 1 year = Rs. 24,000
Concept used:
Share of profit is directly proportional to the amount of investment multiplied by time of investment
Calculation:
Total investment of A and B = Rs. (1.5 + 1) lakh
⇒ Rs. 2.5 lakh
Share of A = Rs. (1.5/2.5) × 24,000
⇒ Rs. 14,400
∴ The share of A is Rs. 14,400
