A starts a cement trading business by investing Rs 5 lakhs. After 2 months, B joins the business by investing Rs 10 lakhs and then 4 months after B joined C too joins them by investing Rs 20 lakhs. 1 year after A started the business they make Rs 3,50,000 in profit. What is B's share of the profit (in Rs)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2, i.e. 125000
AQ
A : B : C = 500000×12 : 1000000×10 : 2000000×6 = 6000000 : 1000000 : 12000000 = 3 : 5 : 6
14 units = 350000
Profit share of B = 350000 × 5/14 = 125000