Pramod started a business with Rs. 40000. After 4 months

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Pramod started a business with Rs. 40000. After 4 months Vikas also joined him with Rs. 60000. If at the end of the year, the profit is Rs. 16000, what is the share of Vikas in the profit ?

1. Rs. 8000
2. Rs. 4000
3. Rs. 12000
4. Rs. 10000

Correct Option: A

Ratio between the investment of Pramod and Vikas = 40000 x 12 : 60000 x 8
= 480000 : 480000 = 1 : 1
Total profit = Rs. 16000
share of Vikas in profit = 16000/2 = Rs. 8,000