Question

A, B, and C invest ₹40,000, ₹60,000, and ₹80,000 respectively for 1 year. What is B's share in a ₹55,000 profit?

• A. ₹18,333.33
• B. ₹20,333.33
• C. ₹21,333.33
• D. ₹22,333.33

Answer 1

Answer:

A. ₹18,333.33

The profit is divided in the ratio of their investments since all invested for the same time (1 year).

$A:B:C = 40000:60000:80000 = 2:3:4$

Total parts:

2+3+4=9

B's share is (3) out of (9) parts:

$\text{B's share}=\frac{3}{9}\times 55,000$
$=\frac{1}{3}\times 55,000$

=18,333.33