Ram, Sita, and Salma invest ₹ 16000, ₹ 22000 and ₹ 18000 respectively to start a business. If the profit at the end of the year is ₹ 26600, then what is the share of Ram?

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Ram, Sita, and Salma invest ₹ 16000, ₹ 22000 and ₹ 18000 respectively to start a business. If the profit at the end of the year is ₹ 26600, then what is the share of Ram?

A₹ 10450

B₹ 8550

C₹ 9650

D₹ 7600

Answer:

D. ₹ 7600

Read Explanation:

Solution: Formula used: Profit = investment × time Calculation: Total profit = Rs. 26600 Profit of Ram = 16000 × 12 Profit of Sita = 22000 × 12 Profit of Salma = 18000 × 12 Share of Ram = [(16000 × 12)/(12 × (16000 + 22000 + 18000))] × 26600 ⇒ [16000/56000] × 26600 ∴ Share of Ram = Rs. 7600

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