3 Views

Question : A, B, and C invest to start a restaurant. The total investment is Rs. 3 lakhs. B invested Rs. 50,000 more than A and C invested Rs. 25,000 less than B. If the profit at the end of the year was Rs.14,400, then what is C's share of the profit (in Rs.)?

Option 1: 3600

Option 2: 4800

Option 3: 6000

Option 4: 7200


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: 4800


Solution : Let a be the investment of A.
Investment of B = a + 50000
Investment of C = (a + 50000) – 25000
Total investment = a + (a + 50000) + [(a + 50000) – 25000]
⇒ 300000 = 3a + 75000
⇒ Investment of A = $\frac{300000-75000}{3}$ = $\frac{225000}{3}$ = Rs. 75000
⇒ Investment of B = 75000 + 50000 = Rs. 125000
⇒ Investment of C = 125000 – 25000 = Rs. 100000
Ratio of investment = 75000 : 125000 : 100000 = 3 : 5 : 4
⇒ Ratio of profit = 3 : 5 : 4
Since total profit = Rs.14400,
So, the profit received by C = $\frac{4}{3+5+4}$ × 14400
= $\frac{4}{12}$ × 14400
= Rs. 4800
Hence, the correct answer is 4800.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books