Q108
A, B and C started a business by investing Rs. 24000, Rs. 32000 and Rs. 18000 respectively. A and B are active partners and get 15% and 12% of total profit and remaining profit is to be distributed among them in the ratio of their investment. If C got total Rs. 65700 as a profit, what was the total amount of profit ?
A.
Rs. 470000
B.
Rs. 370000
AnswerC.
Rs. 345000
D.
Rs. 157000
Answer: Option B
Solution
Answer: Option B
Solution:
| A | : | B | : | C | |
| Capital → | 24000 | : | 32000 | : | 18000 |
| 24 | : | 32 | : | 18 | |
| 12 | : | 16 | : | 9 |
According to the question,
Note: Remaining profit will be distributed in the ratio of their capitals.
∴ Share of C