Question

A and B started a business with investments in the ratio 5:4 respectively. After 4 months, C joined them with an investment 50% more than the investment of B. Find the profit share of C out of the total profit of Rs 6720 at the end of two years

A Rs. 1960 Correct Answer Incorrect Answer
B Rs. 1470 Correct Answer Incorrect Answer
C Rs. 1500 Correct Answer Incorrect Answer
D None of these Correct Answer Incorrect Answer

Solution

Let the investments of A and B be Rs. 5x and Rs. 4x respectively.
So, the investment of C = 1.50 × 4x = Rs. 6 x
So, the ratio of their investments = (5x × 24): (4x × 24): (6x × 20) = 5:4:5
So, the profit share of C = 5/14 × 6720 = Rs. 2400

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