Question: A, B and C invested Rs. 45000, Rs. 90000 and Rs. 90000 respectively to start a business. At the end of two years, they earned a profit of Rs. 164000. What will be B’s share in the total profit? [IBPS (SO) IT 2014]
Options:
A) Rs. 56000
B) Rs. 36000
C) Rs. 72000
D) Rs. 65600
E) Rs. 59000
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Answer:
Correct Answer: D
Solution:
- Investment of A = Rs. 45000
Investment of B = Rs. 90000
Investment of C = Rs. 90000
$ \begin{matrix} A’s,share & : & B’s,share & : & C’,share \\ 45\times 1000 & : & 90\times 1000 & : & 90\times 1000 \\ =1 & : & 2 & : & 2 \\ \end{matrix} $
$ \because $ Total profit = Rs. 164000
$ \therefore $ B’s share $ =\frac{2}{5}\times 164000=Rs.,65600 $