Question

    X and Y invested Rs. 20000 and Rs. 30000 respectively

    into a business. After 4 months, Z joined them with Rs. 25000. If the total profit at the end of the year is Rs. 11000, how much profit could Z have earned at most?
    A Rs.2520 Correct Answer Incorrect Answer
    B Rs.2750 Correct Answer Incorrect Answer
    C Rs.3520 Correct Answer Incorrect Answer
    D Rs.2250 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    To earn the maximum share, Z should join immediately after 4 months. Profit ratio of X:Y:Z = (20000 × 12):(30000 × 12):(25000 × 8) = 240000:360000:200000 = 24:36:20 Total ratio = 24 + 36 + 20 = 80 Z’s maximum profit = 20/80 × 11000 = Rs. 2750

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