A and B started a business in partnership by investing
the capital of Rs. 35000 and Rs. 40000 respectively. After six months, C also joined them with some capital. If at the end of the year, the profit share of C is Rs. 8000 out of the total profit of Rs. 23000, then find the amount invested by C.
ARs. 40000Correct AnswerIncorrect Answer
BRs. 64000Correct AnswerIncorrect Answer
CRs. 80000Correct AnswerIncorrect Answer
DRs. 96000Correct AnswerIncorrect Answer
ENone of theseCorrect AnswerIncorrect Answer
Solution
Let the investment of C be Rs. a. Ratio of profits of A, B and C = 35000 × 12 : 40000 × 12 : a × 6 => 70000 : 80000 : a According to question, ⇒ a/(70000 + 80000 + a) = 8/23 ⇒ 23a = 8a + 150000 × 8 ⇒ 15a = 150000 × 8 ⇒ a = Rs. 80000