A, B and C started a business with their capitals in the ratio 1 : 4 : 4. At the end of every 3 months, A doubles his capital, B halves his capital and C leaves his capital unchanged. At the end of the year, If B's share in the profit was RS. 4,50,000, then the total profit (in Rs. lakhs) was ......
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 23.1
| Understanding | Application | ||||||||||||
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| Now |
If 22.5 unit 4,50,000 So Total (30 unit) = 4,50,000/22.5 × 115.5 = 2310000 |
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| Hence | 23.1 lakhs |