R started a business by investing Rs.10,000. After 6 months S joined with him by investing Rs. 16,000. At the end of 3 years they gained Rs.49000 then the share of R is:
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Answer:
Formula used:
Profit = Investment × Time period
Calculation:
Profit of A = 10000 × 12 = 120000
Profit of B = 12000 × 6 = 72000
Share of A = [(120000)/(120000 + 72000)] × 96000
∴ Share of A = (120/192) × 96000 = Rs. 60000
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