Join ExamsbookAnswer : 3. "Rs. 10,000"
A, B and C started a business where their initial capital was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to C's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit ?5
Q: A, B and C started a business where their initial capital was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to C's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit ?
- 1Rs. 8,640false
- 2Rs. 9,850false
- 3Rs. 10,000true
- 4Rs. 11,220false
- Show AnswerHide Answer
- Workspace
Answer : 3. "Rs. 10,000"
Explanation :
Answer: C) Rs. 10,000 Explanation: Ratio of investments of A, B & C = 2×6+4×6 : 3×12 : 4×12 = 36 : 36 : 48 = 6 : 6 : 8 But given that the annual profit of B is Rs. 3000 => 6 ratio = 3000 Then for the total annual profit of partners is 20 ratio = 3000 x 20/6 = 10,000.