A started a business with a capital Rs.1700 and admits two partners band c after three and six month , respectively.After a year,the profits are divided in the ratio of 2:3:5 what amount did b and c contribute.
Answers
Answer:
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Explanation:
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Answer:
B's investment = Rs.x.
C's investment = Rs.y.
Ratio of equivalent capitals of A and B for 1 month
= 12 x 1500/6 x x = 5/3
=> 3000/x = 5/3
=> x= 3000 x 3 /5 = Rs. 1800
Again ratio of equivalent capitals of A and C
= 1500 x 12/y x 4 = 5/3
=> 5y = 1500 x 9
=> y = 1500 x 9/5
= Rs.2700
x + y = Rs.1800 + 2700
= Rs. 4500