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    Question

    'A' and 'B' started a business by investing Rs. 2,000

    and Rs. 5,000, respectively. Ten months later, 'C' joined by investing Rs. 'P'. If at the end of the year, the profit was divided among 'A', 'B' and 'C' in ratio 4:10:3, respectively, then find the value of 'P'.
    A 8000 Correct Answer Incorrect Answer
    B 6000 Correct Answer Incorrect Answer
    C 7000 Correct Answer Incorrect Answer
    D 9000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit shares of 'A', 'B' and 'C' at the end of the year = (2000 * 12) : (5000 * 12) : (2 * P) = 12000 : 30000 : P ATQ: (30000/P) = (10/3) Or, (30000/P) = (10/3) Or, 90000 = 10P So, P = 9000

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