Archit and Sandy enter into a business by investing in ratio 2 3 and the ratio of time period for wh...........

Quantitative Aptitude (Insurance) Partnership

Archit and Sandy enter into a business by investing in ratio 2 : 3 and the ratio of time period for which they invested is 4 : 5 respectively. If profit earned by Sandy is Rs. 420 more than the profit earned by Archit then find the total profit earned by Archit and Sandy both ?

Rs. 1320

Rs. 1380

Rs. 1440

Rs. 1280

Rs. 1460

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Explanation:

Ratio of profit →Archit 2 × 4 8 : : : Sandy 3 × 5 15 Let profit of Archit be 8x and Sandy be 15x. ATQ, 15x – 8x = 420 7x = 420 x = 60 Required total = 60 × 23 = Rs. 1380