A, B, C and D entered into a
partnership by investing the
capital in the ratio of 2 : 3:5: 4.
If A invested the money for 9
months, B for 8 months, C for 4
months and D for 6 months. Find
the share of C in the annual profit
of Rs.64500.
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Answer:
Annual profit = 64,500
Investment ratio (unequal time) = 2:3:5:4
Investment ratio (equal time/1 year)
2×9/12 : 3×8/12 : 5×4/20 : 4×6/12
OR 18/12 : 24/12 : 20/12 : 24/12
OR 18 : 24 : 20 : 24
OR 9 : 12 : 10 : 12
Sum of ratio = 9+12+10+12
Sum of ratio = 43
Now
Share of C = 64,500×10/43
Share of C = 645,000/43
Share of C = 15,000
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