Multiple choice

Raju, Bakshi and Hitesh started a business by investing money in the ratio 3 : 6 : 5. Hitesh is the silent partner in the team and takes a cut from the annual profit according to his investment. Raju and Bakshi manage the entire business for which, they are paid individual salaries from the annual profit. If, after a year, the total amount of money earned by Raju, Bakshi and Hitesh are in the ratio 8 : 11 : 7, then, Bakshi's salary was made what percent of the total annual profit?

  1. 7.5

  2. 8

  3. 10

  4. 11.5
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let total profit be P. Investment ratio 3:6:5 implies Hitesh's share is 5/14 of P. Earnings ratio 8:11:7 implies Hitesh's earnings = 7/26 of total earnings. Since Hitesh's earnings equal his profit share, 5/14 * P = 7/26 * Total Earnings. This setup is complex, but calculating the salary components leads to 10% of the total profit.

Keep practicing — related questions