Question

Three partners ‘A’, ‘B’ and ‘C’ started a business by investing in the ratio 3:4:2 respectively and the ratio of time for which they made their investments is 3:4:5, respectively. If the profit share of ‘C’ is Rs. 10000, then what is the total profit earned by all of them together?

A Rs. 33000 Correct Answer Incorrect Answer
B Rs. 36000 Correct Answer Incorrect Answer
C Rs. 35000 Correct Answer Incorrect Answer
D Rs. 38000 Correct Answer Incorrect Answer
E Rs. 31000 Correct Answer Incorrect Answer

Solution

Ratio of profit shares of ‘A’, ‘B’ and ‘C’ respectively = (3 × 3):(4 × 4):(2 × 5) = 9:16:10 Required profit = {(9 + 16 + 10)/10} × 10000 = Rs. 35000

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