Question 140

A started a business by investing Rs. 33600. After three month B joined him by investing Rs. 23100. After 3 months of B’s investment, C joined them by investing Rs. 18900. If the total annual profit earned by them is Rs. 26450, what is C’s share of profit?

Solution

Their investments are in the ratio 33.6:23.1:18.9
The time periods are in the ratio 1:0.75:0.5
Hence, the profits would be in the ratio: 33.6:17.325:9.45
Therefore, C share = 26450*(9.45/60.375) = Rs. 4140


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App