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. 12000 for 4 months and received Rs. 1200 as profit.Solution
Ratio of profits received by A, B and C= (12000 times; 4):(14000 times; 4):(16000 times; 4) = 6:7:8 Therefore, total profit received = 1200 times; (6 + 7 + 8)/6 = Rs. 4200
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