Question
Three persons A, B and C invested different amounts in a
business, which are in A.P. The amount invested by B is Rs. 3000 more than that of A. C invested the highest amount. Find the total profit received if all of them invested their sum for equal duration and A invested Rs. 10000 for 4 months and received Rs. 1500 as profit.Solution
Ratio of profits received by A, B and C= (10000 Γ 4):(13000 Γ 4):(16000 Γ 4) = 10:13:16 Therefore, total profit received = 1500 Γ (10 + 13 + 16)/10 = Rs. 5850
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