A, B and C entered into a partnership. A invested 3 times as much as B invested and B invested two-third of what C invested. At the end of the year the profit earned is ₹6,600. The share of B in the profit is:
Answer & explanation
Correct answer: option 3
Profit ratio = Investment ratio × Time
When time is same ,
Profit ratio = Investment ratio
Investment ratio,
A : B = 3 : 1 & B = \(\frac{2}{3}\) C
B : C = 2 : 3
So, A : B : C = 6 : 2 : 3
Profit ratio of A : B : C = 6 : 2 : 3
11R = 6600
1R = 600
Now, B = 2R = 2 × 600
= 1200
The correct answer is Option (3) → ₹1,200