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. 2000 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. 20000 for 4 months and received Rs. 1300 as profit.Solution
Ratio of profits received by A, B and C= (20000 times; 4):(22000 times; 4):(24000 times; 4) = 10:11:12 Therefore, total profit received = 1300 times; (10 + 11 + 12)/10 = Rs. 4290
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