Question:
Directions : Based on the given passage, answer the questions that follow.
A invested Rs. 50000 in a company in the beginning of the year. After few months, B invested Rs. 40000 in the same company. At the end of the year, A received Rs. 12000 as his share of profit for the year. In the next year, A and B again invested the same amount as they did in the previous year for the whole year. After 3 months, C invested Rs. 60000 and received Rs. 4500 as his share of profit at the end of second year.
In the third year, if A, B and C invested the same amount as before in the second of the year, what is C’s share in a profit of Rs. 60000?
Directions : Based on the given passage, answer the questions that follow.
A invested Rs. 50000 in a company in the beginning of the year. After few months, B invested Rs. 40000 in the same company. At the end of the year, A received Rs. 12000 as his share of profit for the year. In the next year, A and B again invested the same amount as they did in the previous year for the whole year. After 3 months, C invested Rs. 60000 and received Rs. 4500 as his share of profit at the end of second year.
In the third year, if A, B and C invested the same amount as before in the second of the year, what is C’s share in a profit of Rs. 60000?
A invested Rs. 50000 in a company in the beginning of the year. After few months, B invested Rs. 40000 in the same company. At the end of the year, A received Rs. 12000 as his share of profit for the year. In the next year, A and B again invested the same amount as they did in the previous year for the whole year. After 3 months, C invested Rs. 60000 and received Rs. 4500 as his share of profit at the end of second year.
In the third year, if A, B and C invested the same amount as before in the second of the year, what is C’s share in a profit of Rs. 60000?
Updated On: Oct 4, 2024
- Rs. 12000
- Rs. 18000
- Rs. 24000
- Rs. 32000
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The Correct Option is C
Solution and Explanation
The correct option is (C): Rs. 24000.
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