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?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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