Question 70

Ram, Sita and Salma invest ₹ 16000, ₹ 22000 and ₹ 18000 respectively to start a business. If the profit at the end of the year is ₹ 26600, then what is share of Ram?

Solution

Ratio of amount invested = $$(16,000:22,000:18,000)$$

= $$8:11:9$$

=> Share of Ram = $$\frac{8}{(8+11+9)}\times26,600$$

= $$8\times950=Rs.$$ $$7600$$

=> Ans - (D)

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