A, B, and C start a business. A invests 33\(\frac{1}{3}\)% of the total, B invests 25% of the remaining and C invests the rest. Find the share of A at the end of the year if the total profit is Rs. 219000.
Answer & explanation
Correct answer: option 3
Let total investment = 6
33\(\frac{1}{3}\)% = \(\frac{1}{3}\)
A invests = 6 × \(\frac{1}{3}\) = 2
25% = \(\frac{1}{4}\)
B invests = (6-2)\(\frac{1}{4}\) = 1
C invests = 6 - (2 + 1) = 3
A : B : C
Inv. : 2 : 1 : 3
Profit: 2 : 1 : 3 = 6R
*If time is same then investment ratio becomes profit ratio*
ATQ,
6R = 219000
A's profit = 2R = \(\frac{219000}{6}\) × 2 = 73000