[Cooperative Bank Senior Manager 2021]

5. In a joint partnership, Amit invested Rs. 1.2 lakhs for 5 months and Binny invested 7.5 lakhs for 4 months Out of a profit of Rs. 24000, how much will be received by Amit?

1. Rs. 6000

2. Rs. 4000

3. Rs. 12000

4. Rs. 20000

Correct Answer :

Rs. 4000