Q:
Rushi and Arun are two business partners. They invest their capital in the ratio 7 : 9. After 6 months, a third person Ram joins them with a capital of two third of that of Arun. After a year, profit share of Rushi was Rs. 5600, then find total profit?
Answer & Explanation
Answer: D) 15,200
Explanation: Ratio of investment of all the three members = (7 x 12) : (9 x 12) : (2/3 x 9 x 6)
= 7 : 9 : 3
Given Rushi's one year profit = Rs. 5600
=> Let the total profit = Rs. P
Then,
P x 7/19 = 5600
Total profit P = 19 x 5600/7 = Rs. 15,200.
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