If A, B and C invested Rs.5000, Rs.7000, and Rs.10000 respectively for 3 years, 2 years, and 1 years. Find the ratio of their profit at the end.
Answer & explanation
Correct answer: option 2
A B C
Investment ⇒ 5000 7000 10000
Inv. Ratio ⇒ 5 : 7 : 10
Time ⇒ 3 years 2 years 1 years
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Profit Ratio ⇒ 15 : 14 : 10
(*Profit ratio = Inv. ratio × time ratio)