Question

Rs. 60, 000. After another 9months c joined them with a capital of rs.90,000. At the end of the year they made a profit of rs.16,500. Find the share of c? Select one:

Answer 1

Answer

RS. 4500

Solution

Rs. 60, 000. After another 9months c joined them with a capital of rs.90,000.

Ratio in which they should share the profit 16500

The ratio of their investment based on the time period

Rs. 60, 000 invested in 12 months and Rs 90,000 invested in 3 months

ratio of first person : C= 60,000 x 12 :90,000 x 3

     8 : 3

therefore c get, =3/11 x 16500 =RS. 4500