Correct Answer - Option 1 : 75 : 80 : 6
Given:
A invested = Rs. 500000 for 12 months
B invested = Rs. 800000 for 8 months
C invested = Rs. 80000 for 6 months
Formula:
Ratio of Profit = ratios of product of Amount invested and time
Calculation:
Person
|
A
|
B
|
C
|
Amount
|
500000
|
800000
|
80000
|
Time
|
12
|
8
|
6
|
Required ratio = 50 × 12 ∶ 80 × 8 ∶ 8 × 6
⇒ 75 ∶ 80 ∶ 6
∴ The ratio of their profits after 1 years is 75 ∶ 80 ∶ 6.