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    Question

    A started a business with an investment of Rs 32,000.

    After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2 more months, C joins with Rs 8,000 and A again withdraws Rs 12,000. After an year, If C received Rs 12,000 as his share then what was the total profit?
    A Rs 1,20,000 Correct Answer Incorrect Answer
    B Rs 84,000 Correct Answer Incorrect Answer
    C Rs 96,000 Correct Answer Incorrect Answer
    D Rs 1,25,000 Correct Answer Incorrect Answer

    Solution

    Ratio equivalent capitals of A, B and C for 1 month = (32,000Γ—2+ 28,000Γ—2+12,000Γ—8) : (5/8Γ— 32,000 Γ—10)∢(8,000Γ—8) = (64,000+56,000+1,28,000) ∢2,00,000∢64,000 = 2,48,000 : 2,00,000 : 64,000 = 31:25: 8 If the total profit at the end of the year be Rsx, then (8 x)/((31+25+8)) = 12,000 β‡’ 8x = 12,000 Γ— 64 β‡’x = (12,000 Γ— 64)/8 = Rs 96,000

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