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Select the correct answerThree persons stared a placement business with a capital of Rs. 3000. B invests Rs. 600 less than A and C invests Rs. 300 less than B. What is B’s share in a profit of Rs. 886?OptionsRs. 374Rs. 400Rs. 265.80Rs. 177

Question

Select the correct answerThree persons stared a placement business with a capital of Rs. 3000. B invests Rs. 600 less than A and C invests Rs. 300 less than B. What is B’s share in a profit of Rs. 886?OptionsRs. 374Rs. 400Rs. 265.80Rs. 177

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Solution

To solve this problem, we first need to determine the amount of money each person invested in the business.

  1. Let's assume A's investment is x.
  2. According to the problem, B invests Rs. 600 less than A. So, B's investment is x - 600.
  3. C invests Rs. 300 less than B. So, C's investment is (x - 600) - 300 = x - 900.

The total investment is Rs. 3000. So, we can set up the following equation:

x + (x - 600) + (x - 900) = 3000 3x - 1500 = 3000 3x = 4500 x = 4500 / 3 x = Rs. 1500

So, A invested Rs. 1500, B invested Rs. 1500 - 600 = Rs. 900, and C invested Rs. 900 - 300 = Rs. 600.

The profit is divided according to the ratio of their investments. So, the ratio of A:B:C is 1500:900:600, which simplifies to 5:3:2.

The total profit is Rs. 886. B's share of the profit is therefore (3 / (5 + 3 + 2)) * 886 = Rs. 265.80.

So, the correct answer is Rs. 265.80.

This problem has been solved

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