A, B and C are Partners in a firm Sharing Profit in the ratio of 3 : 4 : 5. If they set aside 4% of the Profits as emergency fund and shared the rest of the profit and 8 gets his share of Profit as Rs. 1,81,400, the amount of Profit set aside for emergency fund is:

Answer: Option C

Solution

Answer: Option C

Solution:

If total profit = 100 (Let)
4% is emergency fund = $$=\frac{4\times 100}{100}=4\text{ unit}$$
Ratio of profit =

32 unit = 181400
1 unit = 5668.75
4 unit = 22675