Mathematics · Partnership
A, B and C entered into a partnership with equal initial investments. After 2 months, B invested an additional amount equal to 50% of his initial investment, and C invested an additional 20% of his initial investment. If at the end of the year, A received Rs. 22,800 as his share in the profit, what was the total profit?
- 1Rs. 78,600
- 2Rs. 81,700✓
- 3Rs. 80,920
- 4Rs. 79,500
Correct answer
Rs. 81,700
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