Question
'A' and 'B' invested Rs. 16,000 and Rs. 12,000,
respectively, in a business. After 8 months, 'A' added Rs. 8,000 to his investment, while 'B' withdrew Rs. 4,000. If the total profit after 1.5 years was Rs. 17,000, find 'A's profit share.Solution
Ratio of the profits received by ‘A’ to ‘B’
= {(16000 × 8) + (24000 × 10)}:{(12000 × 8) + (8000 × 10)} = 23:11
Required profit share of ‘A’ = 17000 × (23/34) = Rs. 11500
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