Question
X and Y invested Rs.18000 and Rs.14000. After 4 months Z
joined with Rs.20000. After 2 months of Z's joining, X withdrew Rs.3000 and Y withdrew Rs.2000. Total annual profit is Rs.11220. Find Z’s share.Solution
Investment ratio = [18000×12 – 3000×6] : [14000×12 – 2000×6] : 20000×8 = 198000 : 156000 : 160000 = 99 : 78 : 80 Z’s share = 80 × 11220 / 257 = Rs.3490
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