Multiple choice

Jiva, Liza and Zinat open a Biryani shop with initialinvestment in the ratio of 7: 8: 3 and after 6 months, Zinatagain invested twice of her investment. At the end of theyear, the total profit earned by them is Rs. 8190, then whatis the share of profit of Liza?

  1. Rs. 3260

  2. Rs. 3320

  3. Rs. 3360

  4. Rs. 3370

  5. Rs. 3480

Reveal answer Fill a bubble to check yourself
C Correct answer
AI explanation

Assuming investments of 7x, 8x and 3x for Jiva, Liza and Zinat, their effective capital for the year is 7x * 12 = 84x for Jiva and 8x * 12 = 96x for Liza. Zinat's effective capital is 3x * 6 + 6x * 6 = 54x. The ratio of profit shares is 84:96:54, which simplifies to 14:16:9. Liza's share of the total 8190 profit is (16 / (14 + 16 + 9)) * 8190, resulting in 3360.