1.

Deepak and Saurabh started a Grocery store with an investment of Rs 10 lakh and Rs 8 lakh. After 6 months Kishan joined with Rs 12 lakh. If the difference between share of Kishan and Saurabh in the annual profit is Rs 2, 40,000. Find the total annual profit?1). Rs 26,60,0002). Rs 27,00,0003). Rs 26,00,0004). Rs 28,80,000

Answer»

Ratio of profit made by 3 of them = 10 × 12x : 8 × 12x : 12 × 6X = 10X : 8x : 6x

Difference between profit of Kishan and SAURABH = Rs 2,40,000 i.e. 8x – 6x

Profit of Saurabh = 8x = Rs 9,60,000

Profit of Kishan = 6x = Rs 7,20,000

Profit of Deepak = 10x = Rs 12,00,000

TOTAL annual profit = Rs 28,80,000


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