Question

A, b and c invest the capital in a business in the ratio of 5:8:10. A increase its capital by 20% after 4 months. After two months, b increases its capital in the ratio of 2:3. After 3 months, c withdraws 2/5 of its capital. In what ratio they will share profit at the end of the year?

Answer 1

C) 13 : 12 : 12

Description for Correct answer:

Total equivalent capital of A for 1 month = 5x X 12 + 8x X 12 = 156x

Total equivalent capital of B for 1 month = 6x x 24 = 144x

Total equivalent capital of C for 1 month = 8x x 12 + 4x x 12 = 144x

Required ratio = A : B : C

= 156x : 144x : 144x

= 13 : 12 : 12