LIC AAO Model Paper 7

Equivalent capital of Rak- sha for 1 year
= Rs. (60000 x 1 + 80000 x 2) = Rs. (60000+160000)
= Rs. 220000
Equivalent capital of Kamal for 1 year = Rs. 90000 × 2

1

2

= Rs. (90000×

5

2

)
= Rs. 225000
Ratio of capitals = 220000 : 225000
= 44:45
Sum of ratios = 44 + 45 = 89
Total profit = Rs. 7120000
∴ Raksha’s share = Rs. (

44

89

×7120000)
= Rs. 3520000