Multiple Choice Questions on 3 partners started a business A B and C invested Rs 5000 Rs 6000 and Rs 7000 respectively After 4 mo........... for IBPS (PO/SO) Preparation

Partnership

Quantitative Aptitude(IBPS PO)

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Indian Economy - Understanding the basics of Indian economic system

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    3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?

    Rs 20,000

    Incorrect Answer

    Rs 16,700

    Incorrect Answer

    Rs 17,050

    Incorrect Answer

    Rs 18,000

    Correct Answer
    Explanation:

    5000*4 +10,000*4 + 11,000*4 : 6000*4 +12,000*4 + 13,000*4 : 7000*4 +14,000*4 + 15,000*4
    26 : 31 : 36
    So C gets = (36/93) * 46,500 = 18000


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