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      Question

      A and B started a business with investments of Rs.

      60,000 and Rs. 80,000 respectively. After 6 months, C joined the business with an investment of Rs. 70,000. At the end of the year, the total profit was Rs. 1,80,000. What was CтАЩs share in the profit?
      A Rs.36,000 Correct Answer Incorrect Answer
      B Rs.45,500 Correct Answer Incorrect Answer
      C Rs.29,500 Correct Answer Incorrect Answer
      D Rs.72,500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Capital ├Ч Time (in months): A: 60,000 ├Ч 12 = 7,20,000 B: 80,000 ├Ч 12 = 9,60,000 C: 70,000 ├Ч 6 = 4,20,000 Ratio of shares = 720 : 960 : 420 Divide by 60: 12 : 16 : 7 Sum of ratio parts = 12 + 16 + 7 = 35 Total profit = Rs. 1,80,000 CтАЩs share = (7/35) ├Ч 1,80,000 = (1/5) ├Ч 1,80,000 = Rs. 36,000

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