Question : A and B started a business partnership by investing in a ratio of 3 : 8. C joined them after 4 months with an amount equal to
Option 1: 1,20,000
Option 2: 1,50,000
Option 3: 90,000
Option 4: 1,80,000
Correct Answer: 90,000
Solution :
Ratio of investment = 3 : 8
Let the investment by A = 3
⇒ Investment by C = 8
Ratio in which the profit is shared
= (capital of A × time period of A) : (capital of B × time period of B) : (capital of C × time period of C)
= (3
= 3 : 8 : 4
Since share of C = Rs. 24000
⇒ 24000 =
⇒ Total profit =
Hence, the correct answer is 90,000.
SSC CGL Complete Guide
Candidates can download this ebook to know all about SSC CGL.
