Question
A and B commenced a business with initial investments of
Rs. 900 and Rs. 1,575, respectively. After 7 months, C joined the business with an investment of Rs. 1,050. At the end of 14 months, the total profit amounted to Rs. 1,920. Determine the share of the profit that B receives.Solution
Ratio of profit share of 'A', 'B' and 'C' respectively: = (900 X 14) :(1,575 X 14) :(1,050 X 7) = 12:21:7 Therefore, required profit share of 'B' = (1,920/40) X 21 = Rs. 1,008
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