Three people, A, B and C, invest in a business in the ratio 2 : 3 : 5. It was decided that 9% of the profits will go to charity. If the total profit was ₹2,50,000, then find the share of C in the profit (in ₹).
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1,13,750.
Charity amount = (9/100) × 250000 = ₹22,500
Remaining profit = 250000 - 22500 = ₹2,27,500
The ratio of the investment of A, B, and C = 2 : 3 : 5
C's share = (5/10) × 227500 = ₹1,13,750
Therefore, C's share in the profit is ₹1,13,750.