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Ramesh opens a hardware shop with ₹9,000. Five months later Kiran joins him with ₹12,000. In what ratio should the profit at the end of the year be divided between Ramesh and Kiran?

Competition practiceProfit, Loss & Discount
  • A9:7
  • B3:4
  • C7:9
  • D4:3

Step-by-Step Solution

Ramesh: ; Kiran: . Ratio = 108000 : 84000 = 9 : 7.
Answer: A) 9:7

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