Question

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 ?
A) Rs. 8,640 B) Rs. 9,850 C) Rs. 10,000 D) Rs. 11,220

Answer 1

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.