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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 = â‚č7,000 B invests = â‚č8,000 C invests = â‚č12,000 B’s share of profit = â‚č3,200 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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