A and B started a business jointly. A's investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received ₹ 4000 as profit, then their total profit is:
Aptitude
Partnership
Difficulty: Easy
Choose an option
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A₹ 16000
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B₹ 20000
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C₹ 24000
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D₹ 28000
Answer
Correct Answer: ₹ 28000
Explanation
### Concept & Formula
The profit share is directly proportional to the product of capital invested and time period of investment.
$$Ratio of Profit = (Capital_A \times Time_A) : (Capital_B \times Time_B)$$
### Step-by-Step Solution
1. Let B's investment be $x$ and the period of B's investment be $y$.
2. Then, A's investment is $3x$ and the period of A's investment is $2y$.
3. Find the ratio of their profits:
A : B = $(3x \times 2y) : (x \times y) = 6xy : xy = 6 : 1$.
4. This means out of every 7 parts of profit, A gets 6 parts and B gets 1 part.
5. We are given that B's profit share (1 part) is ₹ 4000.
6. The total profit consists of 7 parts (6 parts for A + 1 part for B).
7. Total profit = $7 \times 4000 = 28000$.
### Exam Strategy & Shortcut
Multiply the ratios directly: Investment ratio is 3:1. Time ratio is 2:1. Profit ratio = $3 \times 2 : 1 \times 1 = 6:1$. Total profit is $6+1=7$ times B's profit. $7 \times 4000 = 28000$.
### Common Pitfall
Finding A's profit (24000) and incorrectly choosing that as the final answer instead of summing A and B for the *total* profit.
### Final Answer
Therefore, the correct answer is **₹ 28000**.