Alfred started a business investing Rs. 45,000. After 3 months, Peter joined him with a capital of Rs 60,0 00
After another 6 months, Ronald joined them with a capital of Rs. 90,000. At the end of the year, the made a
profit of Rs. 16,500. Find the share of each.
(1) Rs. 6600, 6600, 3300
(2) Rs. 3300, 6600, 6000
(3) Rs. 6000, 3300, 6600
(4) None of theseh
Answers
Answer:
Ratio of the share of Alfred ,Peter and Ronald is
45000*12:60000*9:27000*3=2:2:1
share of Alfred=2/5*16500=6600
share of peter=2/5*16500=6600
share of ronald =3300
hope it helps you
Option D is correct.
Step-by-step explanation:
Given that
Alfred invest money = 45000 for 12 months
Peter invest money = 60000 for 9 months
Ronald invest money = 90000 for 6 months
Ratio of their money invested is
Alfred : Peter : Ronald
45000 × 12 : 60000 × 9 : 90000 × 6 = 1 : 1 : 1
Ratio of their profit share is
Alfred : Peter : Ronald
1 : 1 : 1
Total profit = 16500
Share of alfred = × 16500
Share of alfred = 5500
Since the ratio of profit is same for all the persons then
Share of alfred = Share of peter = Share of ronald = 5500
Thus the share of each person is same & is equal to 5500.
Thus option D is correct.