Mr. X, Mr. Y and Mr. Z invested ₹126000, ₹ 84000, and ₹210000, respectively in a business. If total share of profit is ₹242000, then their individual profits are respectively
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → ₹72600, ₹48400, ₹121,000
$I_X$, Investment of Mr. X = Rs. 1,26,000
$I_Y$ = Rs. 84,000
$I_Z$ = Rs. 2,10,000
$⇒I_X:I_Y:I_Z=3:2:5$
∴ Profit per part = $\frac{2,42,000}{10}=24,200$
$I_X=3×24,200=72,600$
$I_Y=2×24,200=48,400$
$I_Z=5×24,200=1,21,000$