Correct Answer - Option 2 : Rs. 12000
Given :
Amount invested by A = Rs 12000
Amount invested by B = Rs 16000
Amount invested by C = Rs 15000
Total profit after 2 years = Rs. 45600
To find :
The share of C in a profit
Concept used :
Total amount = amount invested × number of months
Calculation :
Total amount invested by A = 12000 × 24
⇒ Total amount invested by A = 288000
⇒ Total amount invested by B = 16000 × 24
⇒ Total amount invested by B = 384000
⇒ Total amount invested by C = 15000 × 16
⇒ Total amount invested by C = 240000
⇒ The ratio of their investment ie. A : B : C = 288000 : 384000 : 240000
⇒ The ratio of their investment ie. A : B : C = 6 : 8 : 5
⇒ C's share in profit = (5/19) × 45600
⇒ C's share in profit = 12000
∴ The C's share in profit is Rs. 12000.