Question

    'Anil' and 'vineet' entered into a business with an investment of Rs.40,000 and Rs.50,000, individually. After 4 months, 'shreya' joined them with an investment of Rs.65,000. If at the end of the year, the difference between profit shares of 'Anil' and 'vineet' is Rs. 450, then what will be the entire yearly profit (in Rs.) earned by them through the business?

    A Rs.6,600 Correct Answer Incorrect Answer
    B Rs.6,500 Correct Answer Incorrect Answer
    C Rs.6,000 Correct Answer Incorrect Answer
    D Rs.6,200 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    The ratio of profit share of 'Anil', 'vineet' and 'shreya' = (40,000 x 12):(50,000 x 12):(65,000 x 8) = 12:15:13 Let the total profit of 'Anil', 'vineet' and 'shreya' be '12x', '15x' and '13x', respectively. Given that, 15x - 12x = 450 x = 150 then, total profit = (12x + 15x + 13x)= 40x  putting the value for x= 150; = (40 x 150) = Rs.6,000

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