Question

    Amit and Bhanu put Rs. 14,400 and Rs. 19,200,

    respectively, into a startup. After 4 months, Chinu joined them with an investment of Rs. 10,800. If by the end of the year, the gap between Amit's and Chinu's profit shares was Rs. 1,260, what was Bhanu's profit share at the end of the year?
    A Rs.1,360 Correct Answer Incorrect Answer
    B Rs.3,360 Correct Answer Incorrect Answer
    C Rs.2,360 Correct Answer Incorrect Answer
    D Rs.3,300 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of 'Aman', 'Bhanu' and 'Chinu' = (14400 X 12) :(19200 X 12) :(10800 X 8) = 6:8:3 Let the total profit earned by the startup be Rs.'17a' So, profit share of 'Aman' = 17a X (6/17) = Rs. '6a' And profit share of 'Chinu' = 17a X (3/17) = Rs. '3a' ATQ; 6a - 3a = 1260 Or, 3a = 1260 So, a = 420 So, profit share of 'Bhanu' = 17a X (8/17) = 8 X 420 = Rs.3,360

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