Amar, Akbar and Anthony invested Rs 120000 in a business in ratio 5:3:2 respectively. What is the profit % earned by them after a year?
Statement I: Anthony got Rs 12000 as his share of profit.
Statement II: The difference in profits earned by Amar and Akbar is Rs 9000.
From I, Anthony got Rs 12000 so 2x = 12000 So x = Rs 6000 So total profit = 5x + 3x + 2x = 10x = 10 × 6000 = Rs 60,000 So profit% = 60000/120000 × 100 = 50% From II , 5x - 2x = 9000 So, x = 3000 Further same as in I.
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