X, Y, Z enter into a partnership. X invests some money money at the beginning. Y invests thrice the amount of X after 4 months and Z invest double the amount of Y after 9 months from the beginning, If the annual gain be Rs 450000, then what is the share of Y?
Answer & explanation
Correct answer: option 1
The amount and period of investment by X, Y, Z is:
X : Y : Z
Amount 1 : 3 : 6
Time 12 : 8 : 3
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Profit share is divided among them on the basis of product of amount and period of investment,
X : Y : Z = 12 : 24 : 18 = 2 : 4 : 3
Y's share = $\frac{4}{9}$ x 450000
= Rs 200000