Multiple choice

A, B and C invest amount of Rs. 40000, Rs. 50000 and Rs.60000 respectively to start a business. At the end of the year the profit is distributed in the ratio of their investments. If B’s share of profit is Rs. 17850, what is the total profit earned ?

  1. Rs. 57120

  2. Rs. 53550

  3. Rs. 54320

  4. Can’t be determined

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

Investment ratio A:B:C = 40000:50000:60000 = 4:5:6. Total ratio parts = 4+5+6 = 15. B's share (5 parts) = Rs. 17850, so 1 part = 17850/5 = Rs. 3570. Total profit (15 parts) = 15 × 3570 = Rs. 53550.

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