Multiple choice

A, B, and C started a business by investing Rs. 1,20,000, Rs. 1,35,000 and Rs. 1,50,000 respectively. Find the share of C out of an annual profit of Rs. 56,700.

  1. Rs. 16,800

  2. Rs. 18,900

  3. Rs. 21,000

  4. Rs. 22,500

  5. Rs. 20,200

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Investment ratio A:B:C = 120:135:150 = 8:9:10. Total parts = 8+9+10 = 27. C's share = (10/27) * 56700 = 10 * 2100 = 21000.

AI explanation

The ratio of profit shares equals the ratio of initial investments, which is 120000 : 135000 : 150000, simplifying to 8 : 9 : 10. The total annual profit of Rs. 56,700 corresponds to 27 total parts in this ratio. Each part is worth Rs. 56,700 divided by 27, which gives Rs. 2100. Since C holds 10 parts, C's share is 10 multiplied by Rs. 2100, resulting in Rs. 21,000.