Q:
A, B and C started a company where their initial investments was in the ratio of 2:3:4. At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment. If the annual profit of B is Rs. 3000 then what is the total profit of the company ?
Answer & Explanation
Answer: A) Rs. 9500
Explanation: Given initial investments ratio = 2 : 3 : 4
At the end of 6 months, A invested an amount such that his total capital became equal to B's initial capital investment
i.e, upto 6 months A's investment is 2 and after 6 months his invstment is 3 = B's investment
Now, Ratio of investment for one year
=> A : B : C = (2×6 + 3×6) : (3×12) : (4×12)
= 30 : 36 : 48
= 5 : 6 : 8
But given B's profit = 3000
=> 6 ratio = 3000
For total => 19 ratio = Rs. 9500.
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