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A total profit of $ 3,600 is to be distributed amongst A, B and C such that A : B = 5 : 4 and B : C = 8 : 9. The share of C in the profit is
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- $ 1, 200
- $ 1, 500
- $ 1, 650
- $ 1, 700
Correct Option: A
Given that , Total profit = $ 3,600
A : B = 5 : 4 = 10 : 8
B : C = 8 : 9
∴ A : B : C = 10 : 8 : 9
Sum of ratios = 10 + 8 + 9 = 27
∴ C’s share = | × Total profit | Sum of ratios |
C’s share = | × 3600 = $ 1200 | 27 |