A, B, and C started the business with capitals of 10000, 14000, and 16000 respectively. B join the business after 2 months of A and 3 months before C. At the end of the year, the profit share of B is 4200. What is the difference between the annual profit of A and C?
A, B, and C started the business with capitals of 10000, 14000, and 16000 respectively. B join the business after 2 months of A and 3 months before C. At the end of the year, the profit share of B is 4200. What is the difference between the annual profit of A and C? Correct Answer 240
Given:
A, B, and C started the business with capitals of 10000, 14000, and 16000 respectively.
Calculation:
⇒ The annual profit share of A, B, and C = (10000 × 12) : (14000 × 10) : (16000 × 7)
⇒ The annual profit share of A, B, and C = 30 : 35 : 28
⇒ The required profit difference of A and C = (30 - 28) × (4200/35) = 240
∴ The required result will be 240.
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Feb 20, 2025