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    Question

    M and N invested Rs. 28000 and Rs. 22000 in a business.

    After 3 months, O joined with Rs. 35000. At the end of the year, M’s share is Rs. 3500 more than N’s share. Find the total profit.
    A Rs.28525 Correct Answer Incorrect Answer
    B Rs.37625 Correct Answer Incorrect Answer
    C Rs.20125 Correct Answer Incorrect Answer
    D Rs.22125 Correct Answer Incorrect Answer

    Solution

    Profit share ratio = (28000 Ă— 12) : (22000 Ă— 12) : (35000 Ă— 9)
    = 336000 : 264000 : 315000
    = 112 : 88 : 105
    Simplify ratio = 16 : 12 : 15 Sum = 16 + 12 + 15 = 43
    Let total profit = 43x
    ATQ,
    16x – 12x = 3500
    4x = 3500
    x = 875 Total profit = 43 Ă— 875 = Rs. 37625

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