A, B, and C enter into a partnership. A invests Rs. 4,000 at the start. B invests Rs. 6,000 after 4 months. C invests Rs. 8,000 after 8 months. If the total profit at the end of the year is Rs. 1,650, what is the share of C?
Show answer & explanation
Correct answer: C
Explanation
Given:
A's investment = ₹4000 (12 months)
B's investment = ₹6000 (8 months)
C's investment = ₹8000 (4 months)
Total profit = ₹1650
A : B : C = (4000 × 12) : (6000 × 8) : (8000 × 4) = 3 : 3 : 2
Total share = 3 + 3 + 2 = 8
C's share = (2 / 8) × 1650 = ₹412.5