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A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 respectively. At the end of the year the profits were distributed among them.If B’s share of profit be Rs.19200, then the total profit was
  • a)
    Rs.55000
  • b)
    Rs.52000
  • c)
    Rs.52550
  • d)
    Rs.55200
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 ...
D) Rs.55200 Explanation : A:B:C = 27:48:63 = 9:16:21
16x/46 = 19200 X = 19200*46/16 = 55200
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Most Upvoted Answer
A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 ...
Invested Rs.48000 and C invested Rs.63000, the total investment is Rs.48000 + Rs.63000 = Rs.111000.

To find the percentage of profit distributed to each person, we need to know the profit made by the shop.

Let's assume the shop made a profit of Rs.X.

Now, the ratio of profit distribution is given as follows:
A : B : C = Rs.27000 : Rs.48000 : Rs.63000

To find the share of each person, we can use the formula:
Share of a person = (Investment of the person / Total investment) * Total Profit

Share of A = (Rs.27000 / Rs.111000) * Rs.X
Share of B = (Rs.48000 / Rs.111000) * Rs.X
Share of C = (Rs.63000 / Rs.111000) * Rs.X

The sum of the shares of A, B, and C should be equal to the total profit made by the shop.

Therefore, (Rs.27000 / Rs.111000) * Rs.X + (Rs.48000 / Rs.111000) * Rs.X + (Rs.63000 / Rs.111000) * Rs.X = Rs.X

Simplifying the equation, we get:
(27000 + 48000 + 63000) * Rs.X = Rs.111000 * Rs.X
138000 * Rs.X = Rs.111000 * Rs.X

Dividing both sides by Rs.X, we get:
138000 = Rs.111000

This is not a possible solution as the total investment is greater than the total profit made by the shop.

Hence, there is not enough information given to calculate the percentage of profit distributed to each person.
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A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 respectively. At the end of the year the profits were distributed among them.If B’s share of profit be Rs.19200, then the total profit wasa)Rs.55000b)Rs.52000c)Rs.52550d)Rs.55200e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 respectively. At the end of the year the profits were distributed among them.If B’s share of profit be Rs.19200, then the total profit wasa)Rs.55000b)Rs.52000c)Rs.52550d)Rs.55200e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 respectively. At the end of the year the profits were distributed among them.If B’s share of profit be Rs.19200, then the total profit wasa)Rs.55000b)Rs.52000c)Rs.52550d)Rs.55200e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A,B and C started a shop by investing Rs.27000, Rs.48000 and Rs.63000 respectively. At the end of the year the profits were distributed among them.If B’s share of profit be Rs.19200, then the total profit wasa)Rs.55000b)Rs.52000c)Rs.52550d)Rs.55200e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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