Question
A and B enter into a partnership with their initial sum
of Rs.18000 and Rs.24000 respectively. After 4 months, a third person C also joins them with his initial sum Rs.12000. After a year if total profit is Rs.5000 then find the profit share of B.Solution
Profit of A : B : C = 18000 x 12 : 24000 x 12 : 12000 x 8 = 9:12:4 Therefore, profit of B = (12/25) x 5000 = Rs.2400
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