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    Question

    Ravi and Mohan invested Rs. 32000 and Rs. 20000

    respectively in a business. After 6 months, Sohan joined them with an investment of Rs. 36000. At the end of the year, Ravi’s profit share was Rs. 4800 more than Mohan’s. Find the total annual profit earned.
    A Rs.32720 Correct Answer Incorrect Answer
    B Rs.24660 Correct Answer Incorrect Answer
    C Rs.28000 Correct Answer Incorrect Answer
    D Rs.21770 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit share ratio of Ravi, Mohan and Sohan = (32000 × 12) : (20000 × 12) : (36000 × 6) = 384000 : 240000 : 216000 = 16 : 10 : 9
    Let the total profit be Rs. 35x (Sum of 16, 10 and 9)
    According to the question,
    16x - 10x = 4800
    6x = 4800
    x = 4800 ÷ 6
    x = 800
    So, the total profit earned from the business = 35 × 800 = Rs. 28000

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