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    Question

    Raj and Simran invested in a business in the ratio of

    10:6 respectively. After 5 months, Priya joined them, investing an amount equal to their average investment. At the end of the year, the total profit was Rs. 6,02,000. What was Priya’s share in the profit?
    A Rs.1,25,320 Correct Answer Incorrect Answer
    B Rs.2,56,320 Correct Answer Incorrect Answer
    C Rs.1,36,000 Correct Answer Incorrect Answer
    D Rs.5,36,300 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let investments be Rs. ‘10x’ and Rs. ‘6x’ respectively.

    Priya’s investment = (10x + 6x)/2 = Rs. ‘8x’

    Profit share = (10x × 12) : (6x × 12) : (8x × 7) = 120 : 72 : 56

    Simplify → 30:18:14

    So, Priya’s share = 602000 × (14/62) = Rs. 1,36,000

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