Multiple choice

Amal, Kamal and Bimal started a partnership firm, where Amal invested 20% more than Bimal. Kamal invested Rs. 38,500 in the beginning, which was equal to the average investment made by Amal and Bimal in the beginning. Find the percentage profit share of Bimal.

  1. 30.30%

  2. 36.67%

  3. 45.54%

  4. 49.76%

  5. 50.56%
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A Correct answer
AI explanation

Since Kamal's investment of Rs. 38500 equals the average of Amal and Bimal, their combined investment is 77000. Let Bimal's investment be x, so Amal's is 1.2x; adding them gives 2.2x equals 77000, making Bimal's investment Rs. 35000 and Amal's Rs. 42000. The investment ratio is 42000 : 38500 : 35000, which is 12 : 11 : 10, making Bimal's profit percentage 10 divided by 33, equal to 30.30%.

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