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Q.
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 ?
A.
Rs. 8,640
B.
Rs. 9,850
C.
Rs. 10,000
D.
Rs. 11,220
View Answer
Correct choice: C
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.
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