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Question

A and B started a business by investing money in ratio of 5:6. C joined them after six months by sharing an amount equal to B's share. At the end of year 20% profit was earned which was equal to Rs 98,000. How much money was invested by C?


A

Rs.168000

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B

Rs.210000

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C

Rs.147000

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D

Rs.105000

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E

Rs.126000

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Solution

The correct option is D

Rs.105000


A = 5 × 12 = 60

B = 6 × 12 = 72

C = 6 × 6 = 36

Total investment at the end of year = 98000 × 10020= Rs. 4, 90, 000

Investment by C = 490000 × 36 168 = Rs 105000


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