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    Question

    X and Y invested Rs. 48,000 and Rs. 36,000 respectively in

    a business. After 4 months, Z joined them with an investment of Rs. 30,000. If the annual profit is Rs. 27,000, what is the profit share of Y?
    A Rs.4,232.15 Correct Answer Incorrect Answer
    B Rs.6,255.15 Correct Answer Incorrect Answer
    C Rs.9,346.15 Correct Answer Incorrect Answer
    D Rs.4,520.15 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit shares of X, Y and Z:

    = (48000 ├Ч 12) : (36000 ├Ч 12) : (30000 ├Ч 8)

    = 576000 : 432000 : 240000

    = 24 : 18 : 10

    Total parts = 24 + 18 + 10 = 52

    Required profit = 27000 ├Ч (18 / 52) = Rs.9,346.15

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