Shared cache under an effective management policy can yield a hit ratio higher than that for private cache, because of the fact that shared space in the cache could be divided among the processors according to their needs, and also, only single copies of shared blocks are stored in the cache. The effective total system cache size is thus larger for shared cache than for a private cache system. This paper assumes set associative memory mapping among cache and interleaved main memory. Least Recently Used (LRU) replacement technique is utilized in case of a miss and a relation for maximum throughput of the system is developed.