A, B, and C invested Rs 40,000, Rs 48,000, and Rs 80,000, respectively, for a business at the start of a year. After six months, for the remaining time of the year. An added Rs 4,000, B added Rs 4,000 and C withdrew Rs 4,000 every month. If the total profit is Rs 6,72,000, then what is C's share (in Rs)?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 2,80,320
⇒The investment made by A = 40 × 12 + 4 + 8 + 12 + 16 + 20 + 24 = 564
⇒The investment made by B = 48 × 12 + 4 + 8 + 12 + 16 + 20 + 24 = 660
⇒The investment made by C = 80 × 12 - 4 - 8 - 12 - 16 - 20 - 24 = 876
⇒The ratio of investment made by A, B, and C = 564 : 660 : 876
⇒The share of C from profit = (876/2100) × 6,72,000 = 2,80,320
Hence share of C is Rs 2,80,320.