Question
Three partners ‘A’, ‘B’ and ‘C’ started a
business by investing in the ratio 3:5:6 respectively and the ratio of time for which they made their investments is 3:5:4, respectively. If the profit share of ‘C’ is Rs. 4800, then what is the total profit earned by all of them together?Solution
Ratio of profit shares of ‘A’, ‘B’ and ‘C’ respectively = (3 × 3):(5 × 5):(6 × 4) = 9:25:24 Required profit = {(9 + 25 + 24)/30} × 4800 = Rs. 11600
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