Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A, B and C invested ₹40,000, 48,000 and ₹80,000, respectively, for a business at the start of a year. After six months, for the remaining time of the year. A added ₹4,000, B added ₹4,000 while C withdrew ₹4,000 every month. If the total profit is ₹6,72,000, then what is C's share (in ₹)?

Options:

1,96,750

1,80,480

2,11,200

2,80,320

Correct Answer:

2,80,320

Explanation:

A, B, and C invested ₹40000, ₹48000, and ₹80000, respectively

The total profit = ₹ 672000

After six months, for the remaining time of the year, A added ₹4000, B added ₹4000 and C withdrew ₹4000 every month.

So, (4000 × 6) + (4000 × 5) + (4000 × 4) + (4000 × 3) + (4000 × 2) + (4000 × 1) = 4000 × 21 = 84000

A : B : C = [(40000 × 12) + 84000] : [(48000 × 12) + 84000] : [(80000 × 12) - 84000]

= (480000 + 84000) : (576000 + 84000) : (960000 - 84000)

= 564000 : 660000 : 876000

= 564 : 660 : 876

The share of C,

= \(\frac{876 × 672000}{2100}\)

= 280320