Question

A, B and C start a business with investments of Rs.6,000, Rs.7,000, and Rs.8,000 respectively. The profit at the end of the year is Rs.3,150. Then share of B in the profit is

• A. 900
• B. 1050
• C. 1200
• D. 1000

Hint:

To calculate the share of each person in a profit, use the ratio of their investments.

Answer 1

The Correct Option is B

The ratio of the investments of A, B, and C is \( 6000: 7000: 8000 \). To simplify the ratio, divide each term by 1000: \[ A : B : C = 6 : 7 : 8. \] Now, the total ratio is \( 6 + 7 + 8 = 21 \). The total profit is Rs.3150, so B's share is: \[ B's \, \text{share} = \frac{7}{21} \times 3150 = 1050. \]