Question
Download Solution PDFX, Y and Z invest a sum in the ratio 6 : 59 : 41 respectively. If they earned total profit of ₹3,180 at the end of year, then what is the difference between the share of Y and Z?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Total profit = ₹3,180
Investment ratio of X : Y : Z = 6 : 59 : 41
Formula used:
Profit share = (Individual investment ratio / Total ratio) × Total profit
Calculation:
Total ratio = 6 + 59 + 41 = 106
Profit share of Y = (59 / 106) × 3180
⇒ Profit share of Y = ₹1,770
Profit share of Z = (41 / 106) × 3180
⇒ Profit share of Z = ₹1,230
Difference between share of Y and Z = ₹1,770 - ₹1,230
⇒ Difference = ₹540
∴ The correct answer is option (1).
Last updated on Jul 17, 2025
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