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Question

A, B and C enter into a partnership by investing in the ratio of 3: 2: 4. After one year, B invests another Rs. 2,70,000 and C at the end of 2 years, also invests Rs. 2,70,000. At the end of three years, profits are shared in the ratio of 3 : 4: 5. Find the initial investment of C.

A
Rs. 2,70,000
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B
Rs. 1,80,000
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C
Rs. 3,60,000
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D
None of these
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Solution

The correct option is C Rs. 3,60,000
Let the initial investments of A, Band C be Rs. 3x, Rs. 2x and Rs. 4x .
A's share of investment=3x×39=108x
B's share of investment=[(2x×12)+(2x+270000)×24]
72x+6480000
C's share of investment=[(4x×24)+(4x+270000)×12]
144x+3240000
108x:72x+6480000:144x+3240000=3:4:5
108x72x+6480000=34
432x=216x+19440000
216x=19440000
x=90000
Hence A's initial investment=3x=3×90000=270000Rs.
B's initial investment=2x=2×90000=180000Rs.
C's initial investment=4x=4×90000=360000Rs.

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