A and B started a business by investing ₹50,000 and ₹75,000 respectively. After 4 months, A added ₹10,000 to his capital, while B withdrew ₹15,000 from his capital. At the end of the year, they earned a total profit of ₹46,200. What is B's share in the profit?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹24,681.
A’s capital-months = (50000 × 4) + (60000 × 8) = 200000 + 480000 = 680000
B’s capital-months = (75000 × 4) + (60000 × 8) = 300000 + 480000 = 780000
Ratio A : B = 680000 : 780000 = 68 : 78 = 34 : 39
B’s share = (39 ÷ (34 + 39)) × 46200 = (39 ÷ 73) × 46200
= ₹24,681