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Three friends A, B and C started a business. A invests 100% more amount than invested by B whereas C invests 40% of the amount invested by A. If the ratio of time duration of investment made by A, B and C is 2 : 4 : 3 and the share of C in the profit is Rs.1080. What will be the total profit earned?1. 40002. 46803. 33604. 4420 |
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Answer» Correct Answer - Option 2 : 4680 Given: Investment of A = 2 × Investment of B (100% more) Ratio of time duration for which amount is invested A : B : C = 2 : 4 : 3 Share of C in profit = Rs 1080. Concept used: Profit earned = Amount invested × Time Calculation: Let B invests Rs. X Then, A's investment = Rs. 2X and C's investment = Rs. (2/5) × 2X (40% = 2/5) = 4/5X ATQ, Ratio of profit = (2X × 2) : (X × 4) : (4/5 × X × 3) = 4X : 4X : 12X/5 = 5 : 5 : 3 Share of C = Rs. 1080 Required Total profit = 1080 × 13/3 = Rs. 4680 |
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