A, B and C are three partners in a business. If twice the investment of A is equal to thrice the capital of B and the capital of B is four times the capital of C. Out of a total profit of Rs. 5,940 the share of C is?
Correct Answer: Rs. 540
Explanation:
Let C's capital = Rs.N Then B's capital = Rs. 4N
∵ 2(A's capital) = 3 (B's capital) = 12N
⇒ A's capital = 6N
⇒ A : B : C = 6N : 4N : N = 6 : 4 : 1
∴ C's share = Rs. 5940 x (1/11) = Rs. 540
