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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. What is C’s share in the profit?
1. 22110
2. 24430
3. 25240
4. 21307

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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 

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