Question

    M and N started a partnership with investments of Rs.

    10,000 and Rs. 8,000. After 6 months, M increased his contribution by Rs. 2,000 and O joined with Rs. 12,000. If the total profit at the end of the year was Rs. 39,600, what was M’s share?
    A Rs.12,000 Correct Answer Incorrect Answer
    B Rs.10,000 Correct Answer Incorrect Answer
    C Rs.15,200 Correct Answer Incorrect Answer
    D Rs.17,424 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of M, N and O:

    = (10000 × 6 + 12000 × 6) : (8000 × 12) : (12000 × 6)

    = 66 : 48 : 36

    Therefore, profit share of M = (66 / 150) × 39600 = Rs. 17,424

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