Question Detail
Check which among following are required to answer this questions :
Three friends started a businesss, let there names are A, B and C. What profit B will get, if,
1. C invested Rs. 8000 for nine months, his profit was 3/2 times that of B's and his investment was four times that of A.
2. A and B invested for one year in the proportion 1 : 2 respectively.
3. The three together got Rs. 1000 as profit at the year end.
- Only 1 and 3
- Only 1 and 2
- All 1, 2 and 3
- None of above
Answer: Option C
Explanation:
We will require all the statements to answer this question,
1 and 2 will give :
C = Rs. (8000 x 9) for 1 month = Rs. 72000 for 1 month.
A = Rs. (1/4 * 8000 * 12 ) for 1 month = Rs 24000 for 1 month
B = Rs 48000 for one month
C:A:B = 72000 : 24000 : 48000 = 3 : 1 : 2
From 3, we will get total Profit = 1000
Now from the ratio and total profit we can get Share of C.
C share will be = 1000 * 2/6 = 333 (1/3)