Three friends start a mobile app company. Arjun invests 1,20,000, Beena invests 90,000, and Charu invests 1,50,000. After one year, they earn a profit of 72,000. What will Beena’s share of the profit be?
Show answer & explanation
Correct answer: A
Explanation
Given:
Arjun's investment = 120,000
Beena's investment = 90,000
Charu's investment = 150,000
Total profit = 72,000
Ratio = 120,000 : 90,000 : 150,000 = 12 : 9 : 15
Total ratio = 12 + 9 + 15 = 36
Beena's share = (9/36) × 72,000
Beena's share = (1/4) × 72,000 = 18,000
Beena's share = Rs. 18,000.