Question
A started a retail business by investing Rs.50,000.
After five months B joined him with a capital of Rs.60,000. After 2 years, they earned a profit of Rs.44,850. What was the A’s share in the profit?Solution
Ratio of the capital invested by A and B = (50000 × 24):(60000 × 19) ⇒ 20 : 19 Therefore, A’s share = 44850 x (20/39) = Rs.23000
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