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Question

Quantitative Ability and Data Interpretation Question on Ratio and Proportion

X, Y and Z start a web-based venture together. X invests Rs. 2.5 lakhs, Y invests Rs. 3.5 lakhs, and Z invests Rs. 4 lakhs. In the first year, the venture makes a profit of Rs. 2 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:3, and the remaining profit is divided among X, Y and Z in the ratio of their initial investments. The amount that Z receives is four times the amount that X receives. How much amount does Y receive?

A

Rs. 102,500

B

Rs. 93,750

C

Rs. 74,250

D

Rs. 75,000

E

Rs. 80,200

Answer

Rs. 75,000

Explanation

Solution

The correct option is (D): Rs. 75,000.