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A, B and C start a business investing ₹30,000, ₹40,000 and ₹50,000 respectively for the same period. At the end of the year the total profit is ₹24,000. What is C's share of the profit?

Competition practiceProfit, Loss & Discount
  • A₹6,000
  • B₹8,000
  • C₹10,000
  • D₹12,000

Step-by-Step Solution

Profit ratio = 30 : 40 : 50 = 3 : 4 : 5 (total 12 parts). C's share = ₹10,000.
Answer: C) ₹10,000

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