Question
A started a retail business by investing Rs.40,000.
After eight months B joined him with a capital of Rs.80,000. After 2 years, they earned a profit of Rs.17,850. What was the A’s share in the profit?Solution
Ratio of the capital invested by A and B = (40000 × 24):(80000 × 16) ⇒ 3 : 4 Therefore, A’s share = 17850 x (3/7) = Rs.7650
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