Question
A started a retail business by investing Rs.25,000.
After seven months B joined him with a capital of Rs.50,000. After 2 years, they earned a profit of Rs.32,480. What was the A’s share in the profit?Solution
Ratio of the capital invested by A and B = (25000 × 24):(50000 × 17) ⇒ 12 : 17 Therefore, A’s share = 32480 x (12/29) = Rs.13440
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