Multiple choice

In a partnership firm ABC, Sahil, Toby and Veena invest in the ratio of 3 : 2 : 4. After 1 year, Toby invests another Rs. 5,40,000 and Veena invests Rs. 5,40,000 at the end of 2 years. At the end of 3 years, profits are shared in the ratio of 3 : 4 : 5. Find initial investment of Sahil, if he is the person who started the business in the beginning.

  1. Rs. 5,40,000

  2. Rs. 6,00,000

  3. Rs. 1,50,000

  4. Rs. 1,00,000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let initial investments be 3x, 2x, 4x. Sahil: 3x * 36 months. Toby: 2x * 12 + (2x + 5.4L) * 24. Veena: 4x * 24 + (4x + 5.4L) * 12. Equating ratios to 3:4:5 allows solving for x.

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