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    Question

    β€˜A’ and β€˜B’ started a business by investing Rs.

    2000 and Rs. 2400, respectively. 12 months later, β€˜C’ joined the business by investing Rs. 1000. After 6 more months, β€˜B’ withdrew all of his capital. If at the end of second year, the total profit earned by them together is Rs. 9460, then find the profit earned by β€˜B’ and β€˜C’ together at the end of 2nd year.
    A 5260 Correct Answer Incorrect Answer
    B 5000 Correct Answer Incorrect Answer
    C 5060 Correct Answer Incorrect Answer
    D 5270 Correct Answer Incorrect Answer

    Solution

    ATQ; Ratio of profit shares of β€˜A’, β€˜B’ and β€˜C’ = (24 Γ— 2000):(18 Γ— 2400):(12 Γ— 1000) = 20:18:5 Profit of β€˜B’ and β€˜C’ together = (9460) Γ— {(18 + 5)/(20 + 18 + 5)} = Rs. 5060

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