Multiple Choice Questions on X Y and Z started a business by investing Rs 27 000 Rs 72 000 and Rs 81 000 respectively At the end ........... for IBPS RRB - Office Assistant/ Clerical Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    X, Y and Z started a business by investing Rs. 27,000, Rs. 72,000 and Rs. 81,000 respectively. At the end of the year, the profits were distributed among them. If Z’s share of profit be Rs. 36,000, then the total profit was:

    30,000

    Incorrect Answer

    60,000

    Incorrect Answer

    80,000

    Correct Answer

    1,20,000

    Incorrect Answer
    Explanation:

     X : Y : Z = 27000 : 72000 : 81000 = 3: 8 : 9.
    so, Z’s share : Total Profit = 9 : 20.
    Let the total profit be Rs. x.
    Then, 9/20 * x = 36000
    or x = 36000 x 20 / 9 = 80000.


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