Exams › SSC CGL (Prelims) › General
C and D invested ₹1,40,000 and ₹1,80,000, respectively. C remained invested for 9 months and D for 8 months. If C's share in the profit is ₹18,900, what is the total profit?
- ₹ 40,500
- ₹ 36,000
- ₹ 34,200
- ₹ 38,400
Correct answer: ₹ 40,500
Solution
In partnership, profit is divided in the ratio of capital multiplied by time. So C:D = 140000×9 : 180000×8 = 126 : 144 = 7 : 8. Hence C's share is 7/15 of the total profit, so total profit = 18900 × 15/7 = ₹40,500.
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