A, B and C started a partnership business by investing Rs.12000, Rs.16000, Rs.20000 respectively.
A, B and C started a partnership business by investing Rs.12000, Rs.16000, Rs.20000 respectively. At the end of the year , the profit were distributed among them. If C's share of profit is 36000, What is the total profit?
Answer/Solution
86400
Steps/Work
A:B:C =12000:16000:20000
=3:4:5
Let total profit =p
Then p×5/12=36000
p=(36000×12)/5=86400
Answer is C.
=3:4:5
Let total profit =p
Then p×5/12=36000
p=(36000×12)/5=86400
Answer is C.