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  • Question

  • A, B and C started a business where their initial capital was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to C's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit ?


  • Options
  • A. Rs. 8,640
  • B. Rs. 9,850
  • C. Rs. 10,000
  • D. Rs. 11,220

  • Correct Answer
  • Rs. 10,000 

    Explanation

    Ratio of investments of A, B & C = 2×6+4×6 : 3×12 : 4×12

    = 36 : 36 : 48

    = 6 : 6 : 8

    But given that the annual profit of B is Rs. 3000

    => 6 ratio = 3000

    Then for the total annual profit of partners is

    20 ratio = 3000 x 20/6 = 10,000.

    • Tags: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO

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