Teena, Reena, and Sheena start a business with investments of respectively Rs. 24000, Rs. 28000, and Rs. 20000. Teena invests for 8 months, Reena invests for 10 months and Sheena invests for one year. If the total profit at the end of the year is Rs. 25810, then what is the share of Teena?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Rs. 6960.
Ratio of profit share of Teena, Reena, Sheena = 24000 × 8 : 28000 × 10 : 20000 × 12 = 24 : 35 : 30.
Ratio of Teena = 24 × 25810/(24 + 35 + 30)
Ratio of Teena = 619440/89 = Rs. 6960