A starts a business with ₹75,000 and B joins the business 5 months later with an
investment of ₹80,000. After 1 year, they earn a profit of ₹4,08,800. Find the share of A
and B (in ₹).
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 2,52,000 and 1,56,800
Given that
A starts a business with ₹75,000 and B joins the business 5 months later with an
investment of ₹80,000
A invests for 1 year or 12 months and B invests for 7 months only.
Now, Ratio of the profit of A and B = 75000 × 12: 80000 × 7
= 45: 28
The share of A = (45/73) × 408800 = 45 × 5600 = 252000 Rs
The share of B = (28/73) × 408800 = 28 × 5600 = 156800 Rs