Ravi, Reshu and Ram started a business. Ravi invested 30 lakhs initially. After a year he invested 10 lakhs more. Reshu initially invested 40 lakhs and reduced it to 20 lakhs after 2nd year. Ranu invested 10 lakhs. What is the profit ratio after 3 years?a)11:10:03b)11:03:10c)03:10:11d)10:03:11e)10:03:11Correct answer is option 'A'. Can you explain this answer?

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Ravi, Reshu and Ram started a business. Ravi invested 30 lakhs initially. After a year he invested 10 lakhs more. Reshu initially invested 40 lakhs and reduced it to 20 lakhs after 2^ndyear. Ranu invested 10 lakhs. What is the profit ratio after 3 years?

a)
11:10:03
b)
11:03:10
c)
03:10:11
d)
10:03:11
e)
10:03:11

Correct answer is option 'A'. Can you explain this answer?

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Ravi, Reshu and Ram started a business. Ravi invested 30 lakhs initia...

Since the profit is dependent on the investment throughout the year, we have the ratio of investments of Ravi, Reshu and Ram as follows

= (30 ×1)+(40×2 : 40×2)+(20×1) : (10×3)

ratio of profit = 11 : 10 : 03.

Hence, the correct option is (a).

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Ravi, Reshu and Ram started a business. Ravi invested 30 lakhs initially. After a year he invested 10 lakhs more. Reshu initially invested 40 lakhs and reduced it to 20 lakhs after 2nd year. Ranu invested 10 lakhs. What is the profit ratio after 3 years?a)11:10:03b)11:03:10c)03:10:11d)10:03:11e)10:03:11Correct answer is option 'A'. Can you explain this answer?

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