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.