A, B & C started a business with their capitals in the ratio 2 : 3 : 5. A increased his capital by 50% after 4 months, B increased his capital by 33.33 % after 6 months and C withdrew 50% of his capital after 8 months, from the start of the business. If the total profit at the end of the year was 86800, then the difference between the shares of A & C in the profit was?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 12600
Investment ratio = 2 : 3 : 5
⇒16 : 21 : 25
⇒16x + 21x + 25x = 86800
⇒ 62x = 86800
⇒ x = 1400
⇒ Difference = 25x - 16x
⇒ Difference = x(25 - 16)
⇒ Difference = 1400 × 9 = 12600