Question

X, Y, and Z invested ₹25,000, ₹35,000, and ₹40,000 respectively in a business. If the profit at the end of the year was ₹30,000, find Y's share.

• A. ₹10,500
• B. ₹10,000
• C. ₹11,000
• D. ₹11,500

Answer 1

Answer:

A. ₹10,500

Total investment:

$25{,}000 + 35{,}000 + 40{,}000 = 100{,}000$

Y’s share of investment:

$\frac{35{,}000}{100{,}000} = \frac{35}{100}$

Total profit = ₹30,000

So Y’s share:

$\frac{35}{100} \times 30{,}000 = 10{,}500$