Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Financial Mathematics

Question:

Anil, Ravi and Suresh invested ₹35,000 , ₹40,000 and ₹75,000 respectively to start a business. At the end of 3 years, they earned a profit of ₹1,36,000. The share of Suresh in the profit is:

Options:

₹65,000

₹76,000

₹56,000

₹68,000

Correct Answer:

₹68,000

Explanation:

The correct answer is Option (4) → â‚¹68,000

$\text{Investments ratio} = 35000 : 40000 : 75000 = 7 : 8 : 15$

$\text{Time is same (3 years), so profit ratio} = 7 : 8 : 15$

$\text{Total parts} = 7 + 8 + 15 = 30$

$\text{Suresh's share} = \frac{15}{30} \times 136000 = \frac{1}{2} \times 136000 = 68000$

$\text{Suresh's share} = ₹68,000$