Three friends A, B and C invested ₹4,80,000, ₹4,20,000 and ₹3,60,000 in a business. If they earned a net profit of ₹2,10,000, then A's share in the net profit will be : |
₹80,000 ₹70,000 ₹60,000 ₹65,000 |
₹80,000 |
The correct answer is Option (1) → ₹80,000 Total investment = 4,80,000 + 4,20,000 + 3,60,000 = 12,60,000 A's share in profit = $\frac{\text{A's investment}}{\text{Total investment}}×\text{Total profit}$ $=\frac{4,80,000}{12,60,000}×2,10,000$ $=80,000$ |