Ram, Sita and Salma invest Rs. 16000, Rs. 22000 and 18000 respectively to start a business. If the profit at the end of the year is Rs. 26600, then what is share of Ram?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 7600.
Ratio of amount invested = (16000 : 22000 : 18000) = 8 : 11 : 9
Share of Ram = 8 × {26600/(8 + 11 + 9)}
= 8 × (950) = Rs. 7600