A started a business investing ₹ 50,000 at the beginning of a year. After 3 months B joined this business investing ₹ 1,00,000 and after 4 months C joined the business investing 75,000. At the end of the year, there was a profit of ₹ 52,500. Find the share of each.
Answers
Answer:
A started a business by investing Rs. 50,000. After 6 months B joined her by investing Rs. 75,000. After its 6 months C joined with Rs. 1,25,000. What is the ratio of profit shared after 2 years among A, B and C ?
A) 4 : 5 : 6
B) 8 : 9 : 10
C) 8 : 9 : 12
D) 4 : 5 : 8
Answer:
- A's Share = ₹ 15,000
- B's Share = ₹ 22,500
- C's Share = ₹ 15,000
Step-by-step explanation:
Solution :
A Invested amount = ₹ 50,000
At the beginning of a year
50,000 × 12 = 6,00,000
After 3 months, B Invested amount = ₹ 1,00,000
1,00,000 × 9 = 9,00,000
After 4 months C joined, C Invested amount = ₹ 75,000
75,000 × 8 = 6,00,000
Ratio of Investment :
A : B : C = 6,00,000 : 9,00,000 : 6,00,000
A : B : C = 6 : 9 : 6
A : B : C = 2 : 3 : 2
Total Profit = ₹ 52,500
• A's Share = 52,500 × 2/7
= 15,000
• B's Share = 52,500 × 3/7
= 22,500
• C's Share = 52,500 × 2/7
= 15,000
Therefore,
- A's Share = ₹ 15,000
- B's Share = ₹ 22,500
- C's Share = ₹ 15,000