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    Question

    A started a retail business by investing Rs.40,000.

    After six months B joined him with a capital of Rs.70,000. After 2 years, they earned a profit of Rs.37,740. What was the A’s share in the profit?
    A 15000 Correct Answer Incorrect Answer
    B 16320 Correct Answer Incorrect Answer
    C 14650 Correct Answer Incorrect Answer
    D 14200 Correct Answer Incorrect Answer

    Solution

    Ratio of the capital invested by A and B = (40000 × 24):(70000 × 18) ⇒  16 : 21 Therefore, A’s share = 37740 x (16/37) = Rs.16320

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