This question was previously asked in

SSC CGL Tier 2 Quant Previous Paper 3 (Held On: 18 November 2020)

Option 1 : Rs. 2,000

**Given:**

Ramesh's investment = Rs. 40000

Kevin's investment = Rs. 20000

Total profit at the end of the year = Rs. 10000

Ramesh's time period of investment = 12 months

Kevin's time period of investment = 6 months

Formula used:

(Ramesh's profit) ∶ (Kevin's profit) = (Ramesh's capital × Time period of investment) ∶ (Kevin's capital × Time period of investment)

**Calculations:**

Ratio of their profit = (40000 × 12) ∶ (20000 × 6)

⇒ 480000 ∶ 120000

⇒ 4 ∶ 1

Ramesh's profit = 4x

Kevin's profit = x

Total profit = 4x + x

⇒ 5x = 10000

⇒ x = Rs. 2000

**∴ The share of Kevin in the total profit is Rs. 2000**