New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    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. 2500 for 4 months and received Rs. 1600 as profit.
    A Rs. 8600 Correct Answer Incorrect Answer
    B Rs. 8670 Correct Answer Incorrect Answer
    C Rs. 8640 Correct Answer Incorrect Answer
    D Rs. 8690 Correct Answer Incorrect Answer
    E Rs. 8240 Correct Answer Incorrect Answer

    Solution

    Ratio of profits received by A, B and C= (2500 times; 4):(4500 times; 4):(6500 times; 4) = 5:9:13 Therefore, total profit received = 1600 times; (5 + 9 + 13)/5 = Rs. 8640

    Practice Next