LIC AAO 05 May 2019 Paper

Question : 53 of 100

Marks: +1, -0

A and B start a business with Rs. 3000 and Rs. P respectively. At the end of six months from the start of the business, B leaves the business and C joins the business with a certain amount. The respective ratio between their profit shares, at the end of the year, was 5 : 4 : 3. How much money did C invest in the business ?

Rs. 3600
Rs. 4800
Rs. 4200
Rs. 3000
Rs. 4500

Validate

Solution:

(1) C’s investment = Rs.

x

∴

{\A’\sinvestment}/ {\C’\sinvestment} =5/ 3

⇒

{3000× 12 }/{6 × x} = 5/ 3

⇒

{500× 12} / x =5/3

⇒

x ={ 500 ×12× 3}/ 5

= Rs. 3600

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