Question
Asmita and Bittu jointly started a business, investing
Rs.2,400 and Rs.3,000, respectively. After 3 months, Chikku joined them with an investment of Rs.1,800. If the total annual profit earned by all of them is Rs.9,000, determine the share of profit received by Bittu.Solution
ATQ, Ratio of profit share of ‘Asmita’, ‘Bittu’ and ‘Chikku’ = (2400 × 12):(3000 × 12):(1800 × 9) = 16:20:9 Therefore, profit share of ‘Bittu’ = [20/(16 + 20 + 9)] × 9000 = Rs. 4,000
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