P and Q started a business investing Rs. 48,000 and Rs. 24,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?
Choose the correct choice from the following answers.
A) 2:6
B) 2:3
C) 2:1
D) 17:9
E) 17:4
P:Q = 48000 : 24000   = 2:1.   Answer:2:1
<result>C</result>
P and Q started a business investing Rs. 48,000 and Rs. 24,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?