For a business, A invests Rs. 15,000. After four months, B joins and invests Rs. 24,000 and A invests Rs. 7,000 more. After another four months, C joins and invests Rs. 52,000 and B invests Rs. 10,000 more. After one year, the profit earned was Rs. 1,01,400. What is the B’s and C’s share of profit?

For a business, A invests Rs. 15,000. After four months, B joins and invests Rs. 24,000 and A invests Rs. 7,000 more. After another four months, C joins and invests Rs. 52,000 and B invests Rs. 10,000 more. After one year, the profit earned was Rs. 1,01,400. What is the B’s and C’s share of profit? Correct Answer B = Rs. 34,800 and C = Rs. 31,200

Ratio of their share in profit = Ratio of their investments

⇒ 15000 × 4 + 22000 × 8 ∶ 24000 × 4 + 34000 × 4 ∶ 52000 × 4

Thus, ratio of their investments = 236000 ∶ 232000 ∶ 208000 = 236 ∶ 232 ∶ 208 = 59 ∶ 58 ∶ 52

Profit earned after a year = Rs. 1, 01, 400                                                                    

B’s share = (58/169) × 101400 = Rs. 34800

C’s share = (52/169) × 101400 = Rs. 31200

Thus, B’s share is Rs. 34, 800 and C’s share is Rs. 31,200.

Related Questions

For a business, initially A invests Rs. 28,000 and B invests Rs. 30,000. After 4 months, C joins and invests Rs. 16,000 and B withdraws Rs. 4,000. After another 4 months, A invests Rs. 6,000 more and C invests Rs. 4,000 more. After a year the profit earned was Rs. 72,800. How much is A’s, B’s and C’s share?