A) Rs. 11200
B) Rs. 9600
C) Rs. 9020
D) Rs. 12000
E) Rs. 12200
Correct Answer: C
Solution :
Let B*s investment be Rs. x. \[\therefore \] A's investment = Rs. 2x \[\therefore \] C's investment = Rs. 2x Ratio of the equivalent capitals of A, B and C for 1 month \[=2x\times 12:x\text{ }x\text{ }8:2x\times 6\] \[=6:2:3\] Sum of the terms of ratio \[=6+2+3=11\] If the total profit at the end of the year be Rs. y, then \[\,\frac{3x}{11}=2460\] \[\Rightarrow 3x=2460\times 11\] \[\Rightarrow x=\frac{2460\times 11}{3}=Rs.9020\]You need to login to perform this action.
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