Multiple choice

Three men A, B and C start a business together. They invest respectively Rs. 30,000, Rs. 24,000 and Rs. 42,000 in the beginning. After 4 months, B withdraws Rs. 6000 and C withdraws Rs. 10,000. They get a profit of Rs. 11,960 at the end of the year. B's share in the profit is

  1. Rs. 2703

  2. Rs. 2803

  3. Rs. 2903

  4. Rs. 2853

  5. Rs. 2753
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Calculate the equivalent monthly investment for each: A = 30000 * 12 = 360000; B = (24000 * 4) + (18000 * 8) = 96000 + 144000 = 240000; C = (42000 * 4) + (32000 * 8) = 168000 + 256000 = 424000. Ratio A:B:C = 360:240:424 = 45:30:53. B's share = (30 / 128) * 11960 = 2803.125.

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