Sanjay and Sanjeev started a business by investing money in the ratio 5 : 3. After 3 months, Manish joined them by investing an amount equal to the amount invested by Sanjeev. At the end of the year the business has a profit of Rs.82,000. The profit (in Rs.) of Manish is : |
20,000 24,000 18,000 27,000 |
18,000 |
The correct answer is Option (3) → 18,000 Sanjay's Investment = $5x$ Sanjeev's Investment = $3x$ CM = Capital Months = Investment × Time Sanjay's CM = $5x × 12 = 60x$ Sanjeev's CM = $3x × 12 = 36x$ Manish's CM = $3x × 9 = 27x$ CM Ratio = $60x : 36x : 27x$ $= 20:12:9$ ∴ Manish's Share = $\frac{9}{41}×82,000=18,000$ |