A, B, and C have invested in a business with the ratio of investments as 5:3:2. If the total profit for the year is Rs. 150,000, what amount does B receive?
Show answer & explanation
Correct answer: B
Explanation
Given:
A : B : C = 5 : 3 : 2
Total profit = Rs. 150,000
Total share = 5 + 3 + 2 = 10
B's share = (3/10) × 150,000 = Rs. 45,000