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  • Question
  • A, B and C started a company where their initial investments 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 B's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit of the company ?


  • Options
  • A. Rs. 9500
  • B. Rs. 10600
  • C. Rs. 7500
  • D. Rs. 8900

  • Correct Answer
  • Rs. 9500 

    Explanation

    Given initial investments ratio = 2 : 3 : 4

    At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment

    i.e, upto 6 months A's investment is 2 and after 6 months his invstment is 3 = B's investment

    Now, Ratio of investment for one year

    => A : B : C = (2×6 + 3×6) : (3×12) : (4×12)

    = 30 : 36 : 48

    = 5 : 6 : 8

    But given B's profit = 3000

    => 6 ratio = 3000

    For total => 19 ratio = Rs. 9500.

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

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