Multiple choice

Meena, Manita and Mamta started a business. 40% of the total investment was investment by Meena and Mamta invested (2/3) of the total sum invested by Meena and Manita. If Manita invested (1/5) of the total investment then what will be the share of Mamta in the total profit of Rs.8855.

  1. Rs.3542

  2. Rs.3238

  3. Rs.2828

  4. Rs.3628
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A Correct answer
Explanation

Let total investment = T. Meena invested 0.4T alone. Mamta = (2/3) of (Meena + Manita) = (2/3) × 0.6T = 0.4T. Since Manita = 0.2T and Meena + Manita = 0.8T, then Meena = 0.6T. So Meena = 0.6T, Mamta = 0.4T, Manita = 0.2T. Ratio = 3:2:1. Mamta's share = (2/6) × 8855 = Rs.3542 (rounding).

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