Amar started a business investing Rs.45,000. Six months later Prakash joined him with Rs.30,000. In whatratio should the profit,
Amar started a business investing Rs.45,000. Six months later Prakash joined him with Rs.30,000. In whatratio should the profit, they earn be distributed at the end of the year ?
(a) 3:1 (b) 3:4 (c) 3:2 (d) Data inadequate (e) None of these
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(a) Rate of the equivalent capitals of Amar and Prakash
for 1 month
= 45000 × 12 : 30000 × 6
= 540000 : 180000 = 3 : 1
Ratio of profit sharing = 3 : 1
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