Ram, Shyam and Ghanshyam invest Rs. 2000, Rs. 10000 and Rs. 5000 to set up a stall. Ram gets 15% of the total profit for running the stall. If in a year, Ram gets Rs. 500 less than Shyam and Ghanshyam together, then the total profit of that year is :
Rs. 2000
Incorrect AnswerRs. 1500
Incorrect AnswerRs. 3000
Incorrect AnswerExplanation:
85% of the total profit is divided in the ratio 2 : 10 : 5.
85% of total profit = 2x + 10x + 5x = 17x
Total profit = (17x / 85% )
Share of Ram in the profit = 2x + 15% of 20x =2x+ 3x= 5x
Share of Shyam in the profit = 10x
Share of Ghanshyam in the profit = 5x
Now, (10x + 5x) - 5x = 500
10x = 500
= x = 50
Total profit = 20 x 50 = Rs.1000.
Hence, option 1 is the correct answer.
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By: Amit Kumar