Question
X and Y started a business by investing Rs. 1600 and Rs.
2400 respectively. After 4 months, Y withdrew his money and Z joined with an investment of Rs. 2000. If X’s share in the annual profit was Rs. 1200, find the total profit made by the firm.Solution
ATQ, Ratio of profit share of X, Y and Z = (1600 × 12):(2400 × 4):(2000 × 8) = 19200 : 9600 : 16000 = 12 : 6 : 10 Total profit = (28/12) × 1200 = Rs. 2800
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