Question

X invested Rs. 48000 for a year. Y joined after 2 months and invested Rs. 36000. Z joined after further 4 months and invested 52000. Find the ratio of their profits after a year?
1. 24 : 15 : 13
2. 24 : 15 : 11
3. 22 : 15 : 18
4. 24 : 18 : 13

Answer 1

Correct Answer - Option 1 : 24 : 15 : 13

Given:

X invested Rs. 48000 for a year. Y joined after 2 months and invested Rs. 36000. Z joined after further 4 months and invested 52000.

Formula:

Ratio of Profit = ratios of product of Amount invested and time

Calculation:

X                       :                     Y                       :                   Z

48000 × 12       :             36000× 10                :            52000 × 6

24                     :                      15                    :                 13