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 profit is ₹380000, find the share of B.
Show answer & explanation
Correct answer: A
Explanation
Given:
A's investment = 5000 × 12
B's investment = 4000 × 9
C's investment = 3000 × 6
Total profit = 380000
A = 5000 × 12 = 60000
B = 4000 × 9 = 36000
C = 3000 × 6 = 18000
Ratio = 60000 : 36000 : 18000 = 10 : 6 : 3
Total share = 10 + 6 + 3 = 19
B's share = (6/19) × 380000 = ₹120000