Question

In a business a invests 50000 for 6 months b 60000 for 4 months and c 80000 for 5 months if they together earn 18800 find sharebof each

Answer 1

They will share the profit according to the ratio of the product of their investment amount and time. Hence their share of the profit in the ratio
A:B:C = 5x6 : 6x4 : 8x5 = 30:24:40 = 15:12:20
so, A's share = 15/47 x 18800 = 6000
B's share = 12/47 x 18800 = 4800
and C's share = 20/47 x 18800 = 8000