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    Question

    A, B and C start a business with investments of Rs

    40000, Rs 50000 and Rs 30000 respectively. A invests for 12 months, B for 8 months and C for 10 months. If the total profit is Rs 23600, then B's share is:
    A 6520 Correct Answer Incorrect Answer
    B 7700 Correct Answer Incorrect Answer
    C 8000 Correct Answer Incorrect Answer
    D 4500 Correct Answer Incorrect Answer

    Solution

    A's money-months = 40000 x 12 = 480000 B's money-months = 50000 x 8 = 400000 C's money-months = 30000 x 10 = 300000 Ratio = 480000 : 400000 : 300000 = 48 : 40 : 30 = 24 : 20 : 15 Total parts = 24 + 20 + 15 = 59 B's share = 23600 x 20/59 = 8000

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