A, B, and C start a business. A invests ₹5000 for 12 months, B ₹4000 for 9 months, and C ₹3000 for 6 months. If the total profit is ₹380000, find A's profit share.
Show answer & explanation
Correct answer: B
Explanation
Given:
A's investment = ₹5,000 (12 months)
B's investment = ₹4,000 (9 months)
C's investment = ₹3,000 (6 months)
Total profit = ₹380,000
A's investment = 5,000 × 12 = 60,000
B's investment = 4,000 × 9 = 36,000
C's investment = 3,000 × 6 = 18,000
Profit ratio:
A : B : C = 60,000 : 36,000 : 18,000 = 10 : 6 : 3
Total share = 10 + 6 + 3 = 19
A's profit share = (10 / 19) × 380,000 = ₹200,000