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Profit of Rs. 1000 has to be divided between three partners Ram, Shyam, and Rohan in the ratio of 12 : 8 : 5. What is the amount of money (in rupees) received by Shayam?
1. Rs. 160
2. Rs. 320
3. Rs. 640
4. Rs. 480

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Correct Answer - Option 2 : Rs. 320

Given:

Profit amount = 1000

Profit ratio = 12 : 8 : 5

Formula used

Profit by Shayam = (Total profit amount/Sum of profit ratio) × Shayam’s ratio in the share

Calculation

Profit received by Shayam = (1000/25) × 8

= 40 × 8

= Rs. 320

∴ The amount of money received by Shayam is Rs. 320.

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