Correct Answer - Option 3 : 159 : 176
Given:
A invested = Rs. 63000 and decreased by Rs. 15000 after 4 months
B invested = Rs. 88000 when A decreased his capital
Formula:
Ratio of Profit = ratios of product of Amount invested and time
Calculation:
|
Person
|
A
|
B
|
|
Amount
|
63000 and 48000
|
88000
|
|
Time
|
4 and 8
|
8
|
Total money invested by A = 63000 × 4 + 48000 × 8
Total money invested by B = 88000 × 8
Required ratio = 63 × 1 + 48 × 2 ∶ 88 × 2
⇒ 63 + 96 ∶ 176
⇒ 159 ∶ 176
∴ The ratio of their profit after 1 year is 159 ∶ 176.
