Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

Amar, Akbar, Anthony invest respectively ₹30 lakh, ₹45 lakh and ₹15 lakh as partners in their apparel business. The total profit at the end of 1 year is ₹12 lakh. Amar's share in profit is ₹:

Options:

₹2 lakh

₹3 lakh

₹4 lakh

₹6 lakh

Correct Answer:

₹4 lakh

Explanation:

The correct answer is Option (3) → ₹4 lakh