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    Question

    A, B and C start a business by investing Rs. 7,000/-,

    Rs. 8,000/- and Rs. 12,000/- respectively. After a year, B gets Rs. 3,200/- as his share of profit. What is the total profit?
    A Rs. 16,600/- Correct Answer Incorrect Answer
    B Rs. 10,800/- Correct Answer Incorrect Answer
    C Rs. 17,600/- Correct Answer Incorrect Answer
    D Rs. 12,000/- Correct Answer Incorrect Answer

    Solution

    Given: A invests = ₹7,000 B invests = ₹8,000 C invests = ₹12,000 B’s share of profit = ₹3,200 Time = 1 year (same for all) So profit is divided in ratio of investment: A : B : C = 7000 : 8000 : 12000 Simplify the ratio: Divide all by 1000 = A:B:C=7:8:12 Total parts = 7+8+12=27 B’s share is 8 parts out of 27 Let total profit = P

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