If Ram, Robert, and Rahim started a firm by investing ₹50,000, ₹30,000, and ₹40,000 respectively for the same period, then the ratio of the share of Rahim to that of Robert is _______, out of the profit of ₹18,000.
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Correct answer: C
Explanation
The correct answer is option 3 i.e. 4 : 3.
Investment of Ram, Robert, and Rahim = ₹50,000, ₹30,000, and ₹40,000
So, ratio of their profit = 5x : 3x : 4x
Profit is also distributed in the same ratio.
Total profit = ₹18,000
⇒ 5x + 3x + 4x = 18000
⇒ 12x = 18000
⇒ x = 1500
So, The profit of Rahim and Rohit = 4x : 3x
= 6000 : 4500
= 4 : 3.