Three friends, Arya Bhatt, Gauss and Descartes invested ₹24,00,000, ₹30,00,000 and ₹18,00,000 respectively in their business as partners for 3 years. The ratio in which they will divide their profits will be: |
3 : 4 : 1 1 : 2 : 3 3 : 5 : 2 4 : 5 : 3 |
4 : 5 : 3 |
The correct answer is Option () - Investment by Arya Bhatt = ₹24,00,000 for 3 years Investment by Gauss = ₹30,00,000 for 3 years Investment by Descartes = ₹18,00,000 for 3 years Profit sharing ratio ∝ Capital × Time Arya Bhatt : Gauss : Descartes $=24\times3 : 30\times3 : 18\times3$ $=72 : 90 : 54$ Divide by 18 $=4 : 5 : 3$ The ratio of profit sharing is 4 : 5 : 3. |