A and B started a business jointly. A's investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs. 4000 as profit, then their total profit is -

Question

Question

This question was previously asked in

SSC GD Constable Memory Based Test (7 Feb 2023 Shift 1)

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Answer 1

Formula used :

Profit = Investment × Time

Solution :

Let B invests Rs x for y months.

Then according to the question :

Investment of A = 3x and time of investment = 2y months.

Ratio of profits of A to B :

⇒ P_A : P_B = (3x × 2y) : xy

⇒ PA : P_B = 6 : 1

But according to the question :

B's profit = Rs 4000

Now, 1 unit = Rs 4000

So, 6 unit = 4000 × 6 = Rs 24000

Required total profit : Rs (24000 + 4000)

⇒ Rs 28000

Hence the correct answer is "Rs 28000".