)×100 =60% of the profit For next Rs200,000, he gets 20%+60% of the remainingprofit. =20%+80×0.6%=68% Similarly, for a profit margin greater than Rs.400000. He will get 35%+65×0.6%=74% of the profits beyond Rs.400,000 Now for a profit of first Rs.400,000, Shyam will receive 200000×
(68+60)
100
=256000 But Shyam earns a total profit of Rs.367000. Let total profit earned by them be Rs.400000+x Hence Shyam received 367000–256000=Rs.111000 From Rs.x profit i.e. Rs.111000 is 74% of x ∴x=
111000
0.74
=150,000 Hence total profit earned by them =400000+150000=3550,000 Hence option (d)