1.

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

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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