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A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss of Rs. 720, how much loss will B bear? (Loss or profit is in proportion to their investments)
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- Rs. 72
- Rs. 320
- Rs. 400
- Rs. 360
Correct Option: B
Here , Total Loss = Rs. 720
∴ Ratio of sharing of loss = Ratio of investments
Ratio of sharing of loss = 3000 : 2400 = 5 : 4
Sum of the terms of ratio = 5 + 4 = 9
∴ Loss shared by B = Rs. | 4 | × 720 | = Rs. 320 | |||
9 |