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.**