Question:

X, Y and Z start a web-based venture together. X invests Rs. 2.5 lakhs, Y invests Rs. 3.5 lakhs, and Z invests Rs. 4 lakhs. In the first year, the venture makes a profit of Rs. 2 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:3, and the remaining profit is divided among X, Y and Z in the ratio of their initial investments. The amount that Z receives is four times the amount that X receives. How much amount does Y receive?

Updated On: Aug 9, 2024
  • Rs. 102,500
  • Rs. 93,750
  • Rs. 74,250
  • Rs. 75,000
  • Rs. 80,200
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The Correct Option is D

Solution and Explanation

The correct option is (D): Rs. 75,000.
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