Question 150

A, B and C started a business together. The respective ratio of investment of A and B was 7:9 and that of B and C was 18:11. All of them invested for equal period of time. If the total profit earned by them was Rs. 15,050. what was C’s share of profit?

Solution

A : B = 7 : 9 = 14 : 18

B : C = 18 : 11

=> Ratio of investments = A : B : C = 14 : 18 : 11

Total profit = Rs. 15,050

$$\therefore$$ C's share of profit = $$\frac{11}{14 + 18 + 11} \times 15,050$$

= $$\frac{11}{43} \times 15050$$

= $$11 \times 350$$ = Rs. $$3,850$$

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