Avinash, Manoj and Arun started a business in partnership investing in the ratio of 3 : 2 : 5 respectively. At the end of the year, they earned a profit of ₹ 45000 which is 15% of their total investment. How much did Manoj invest?
Correct Answer: ₹ 60000
Explanation:
Total investment = (100/15) x 45000 = ₹ 300000
∵ Investment of Avinash : Investment of Manoj : investment of Arun = 3 : 2 : 5
∴ Investment of Manoj = (2/10) x 300000 = ₹ 60000
