A, B, and C invest ₹18000, ₹12,000, and ₹20,000 respectively for a year. What percentage of the total profit will C get?
Show answer & explanation
Correct answer: C
Explanation
Given:
A's investment = ₹18,000
B's investment = ₹12,000
C's investment = ₹20,000
Time = 1 year (same for all)
Ratio of investments = 18,000 : 12,000 : 20,000 = 9 : 6 : 10
Total share = 9 + 6 + 10 = 25
C's share = 10/25 = 0.4
Percentage = 0.4 × 100 = 40%