Punkaj and Sushil inveted some amount of money in the ratio of 3:5 for the same period in a business. They decided that at the end of year 20% profit was of the remaining. 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their shares is Rs. 1200. Find the total profit?

1)Rs.18000

2)Rs. 24000

3)Rs. 20000

4)none of these


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    Rs. 24000

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  • Exam: Profit and Loss QUESTIONS





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