Two brothers invested a total of N5,000.00 on a farm project, the farm yield was sold for N 15,000.00 at the end of the season. If the profit was shared in the ratio 2 : 3, what is the difference in the amount to profit received by the brothers?

A.
N2,000.00 
B.
N4,000.00 
C.
N6,000.00 
D.
N10,000.00
Correct Answer: Option A
Explanation
Total amount invested by A and B = N5,000
farm yield was sold for N15,000.00
profit = 15,000.00 – 5,000.00
= N10,000.00
Profit was shared in ratio 2 : 3
2 + 3 = 5
A received (frac{2}{5}) of profit = (frac{2}{5}) x 10,000 = N4,000.00
A receive (frac{3}{5}) of profit = (frac{3}{5}) x 10,000 = N6,000.00
Difference in profit received = N6,0000 – N4,000.00
= N2,000.00