A, B, and C invested Rs. 50,000, Rs. 40,000, and Rs. 30,000, respectively. If the total profit after 1 year is Rs. 90,000, how much will B receive?
Show answer & explanation
Correct answer: A
Explanation
Given:
A's investment = ₹50,000
B's investment = ₹40,000
C's investment = ₹30,000
Total profit = ₹90,000
A : B : C = 50,000 : 40,000 : 30,000 = 5 : 4 : 3
Total shares = 5 + 4 + 3 = 12
B's profit = (4/12) × 90,000 = ₹30,000