Multiple choice

A, B and C invested their money in the ratio 3 : 6 : 7. If the total amount invested by them was Rs. 80,000 and the profit earned was 40% of the amount invested, then what was the sum of the shares of B and C in the profit?

  1. Rs. 18,000

  2. Rs. 26,000

  3. Rs. 26,500

  4. Rs. 24,000

  5. Rs. 24,500
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Investments ratio 3:6:7, total 80,000. Profit = 40% of 80,000 = 32,000. B and C share = (6+7)/(3+6+7) = 13/16. Share = (13/16) * 32,000 = 13 * 2,000 = 26,000.

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