Multiple choice

Three partners Murli, Gopi, and Kishan start a business by investing some amounts at the starting of the year. At the end of the year, the profit is to be divided between them in the ratio 3 : 4 : 7, respectively. If the total investment at the starting of the year is Rs. 2,80,000, then what would be the individual investment of all the three partners?

  1. Rs. 80,000, Rs. 60,000, Rs. 1,40,000

  2. Rs. 60,000, Rs. 80,000, Rs. 1,40,000

  3. Rs. 90,000, Rs. 90,000, Rs. 1,00,000

  4. Rs. 60,000, Rs. 1,00,000, Rs. 1,20,000

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The profit ratio is 3:4:7, which implies the investment ratio is also 3:4:7. Total parts = 3+4+7 = 14. Value of one part = 280,000 / 14 = 20,000. Investments are 3*20,000=60,000, 4*20,000=80,000, 7*20,000=140,000.

AI explanation

Since the time periods for all investments are the same, the individual investments will be in the same ratio as their profit shares, which is 3 to 4 to 7. The total number of parts is 3 plus 4 plus 7, equalling 14 parts. One part equals the total investment of Rs. 2,80,000 divided by 14, which is Rs. 20,000. Multiplying this value by their respective ratio numbers, the investments of Murli, Gopi and Kishan are Rs. 60,000, Rs. 80,000 and Rs. 1,40,000. The correct answer is Rs. 60,000, Rs. 80,000, Rs. 1,40,000.

Keep practicing — related questions