A and B started a business with investments in the ratio 4:5 respectively. After 5 months, C joined them with an investment 20% more than the investment of B. Find the profit share of C out of the total profit of Rs. 3500 at the end of two years
ARs. 1960Correct AnswerIncorrect Answer
BRs. 1050Correct AnswerIncorrect Answer
CRs. 1250Correct AnswerIncorrect Answer
DRs. 1560Correct AnswerIncorrect Answer
ENone of theseCorrect AnswerIncorrect Answer
Solution
Let the investments of A and B be Rs. 4x and Rs. 5x respectively.
So, the investment of C = 1.20 × 5x = Rs. 6x
So, the ratio of their investments = (4x × 24): (5x × 24): (6x × 19) = 4:5:5
So, the profit share of C = 5/14 × 3500 = Rs. 1250