Correct Answer - Option 1 : 22110
Given: A, B and C started a new business and invested in the ratio 8 : 5 : 11. After 6 months, A double his investment. The total profit at the end of one year be Rs. 56,280.
Formula: Ratio of profits after investment = ratio of sum of the product of investment amount and the time invested for.
Calculation: Let the investment of A, B and C be 8x, 5x and 11x
A
|
B
|
C
|
8x × 6 + 16x × 6
|
5x × 12
|
11x × 12
|
144 x
|
60x
|
132x
|
⇒ 336x = 56280
⇒ X = 167.5
C share = 132x = 132 × 167.5 = 22110