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      Question

      Nitesh, Jaydeep and Jayvijay together started a business

      with initial investments in the ratio 5:7:8, respectively. After one year, Nitesh, Jaydeep and Jayvijay made additional investments in the ratio 5:9:6, respectively. Find the profit share of Nitesh out of the total profit of Rs. 4,000 after two years.
      A Rs 1000 Correct Answer Incorrect Answer
      B Rs 1200 Correct Answer Incorrect Answer
      C Rs 800 Correct Answer Incorrect Answer
      D Rs 1500 Correct Answer Incorrect Answer

      Solution

      Let the initial investments made by Nitesh, Jaydeep and Jayvijay be Rs. β€˜5x’, Rs. β€˜7x’ and Rs. β€˜8x’, respectively.
      Let the additional investments of Nitesh, Jaydeep and Jayvijay be Rs. β€˜5y’, Rs. β€˜9y’ and Rs. β€˜6y’, respectively.
      Respective ratio of investments of Nitesh, Jaydeep and Jayvijay = (5x + 5x + 5y):(7x + 7x + 9y):(8x + 8x + 6y)
      = (10x + 5y):(14x + 9y):(16x + 6y)
      So the profit share of Nitesh = {(10x + 5y)/(40x + 20y)} Γ— 4000 = Rs. 1,000

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