Question 93

A, B and C started a business by investing Rs.8,400/, Rs.15,600/ and Rs.13,200/ respectively.All of them invested for equal period of time. If A's share of annual profit was Rs.1,960/, what was the difference B's share of annual profit and C's share of annual profit ?

Solution

Investment by A, B & C = 8400, 15600 , 13200

=> A : B : C = 7 : 13 : 11

Let total profit be x

=> A's share = $$\frac{7}{31} * x = 1960$$

=> $$x = \frac{1960 * 31}{7} = 8680$$

$$\therefore$$ Difference between B's and C's share of profit = $$\frac{2}{31}$$ * 8680

= Rs. 560

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