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    Question

    Akash and Bheem started a business together with

    investments of Rs. 2400 and Rs. 3600, respectively. After four months, Chetna joined them with investment of Rs. ‘p’. If the profit earned by Akash after one year is Rs. 600 out of the total profit of Rs. 1700, then find the value of ‘p’.
    A 1200 Correct Answer Incorrect Answer
    B 9500 Correct Answer Incorrect Answer
    C 2000 Correct Answer Incorrect Answer
    D 6500 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of investments of Akash : Bheem : Chetna = 2400 : 3600 : p

    Ratio of profit share of Akash : Bheem : Chetna = (2400 × 12) : (3600 × 12) : (p × 8)= 28800 : 43200 : 8p= 3600 : 5400 : p

    So, [3600 / (3600 + 5400 + p)] = 600 / 1700

    9000 + p = 10200

    p = 1200

    So, the value of ‘p’ is Rs. 1200

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