A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the start of the business?
- Rs.10000
- Rs.7500
- Rs.9000
- None of these
Explanation
Investment details:
A = Rs. 20,000 for 24 months
B = Rs. 15,000 for 24 months
C = Rs. 20,000 for 18 months (joined after 6 months)
Now calculate capital × time for each:
A → 20,000 × 24 = 480,000
B → 15,000 × 24 = 360,000
C → 20,000 × 18 = 360,000
Ratio of their investments:
A : B : C = 480,000 : 360,000 : 360,000
Simplify → 4 : 3 : 3
Total parts = 4 + 3 + 3 = 10
Total profit = Rs. 25,000
B’s share = 3/10 × 25,000 = 7,500
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