A,B and C started a business together. The respective ratio of investment of A and B was 7 : 9 and that of B and C was 18 : 11. All of them invested for equal period of time. If the total profit earned by them was Rs15,050/-. What was C's share of profit ?
Correct Answer: Description for Correct answer:
A : B = 7 : 9
B : C = 18 : 11
A : B : C = \( 7 \times 18 : 9 \times 18 : 9 \times 11 \)
= 126 : 162 : 99
= 14 : 18 : 11
C's share of profit = \( \frac{11}{43} \times 15050 \)
= Rs.3,850/-
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