Multiple choice

Priya started a software business by investing Rs. 30,000. After six months, Prakash joined her with a capital of Rs. 40,000 and after 2 months of joining of Prakash, Anshu joined her with a capital of Rs. 50,000. After 4 years, they earned a profit of Rs. 3,20,000. What was the difference between Anshu's and Prakash's shares in the profit?

  1. Rs. 21,000

  2. Rs. 20,000

  3. Rs. 12,500

  4. Rs. 10,400

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Investment ratios: Priya (30k * 48 months) : Prakash (40k * 42 months) : Anshu (50k * 40 months) = 1440 : 1680 : 2000 = 36 : 42 : 50 = 18 : 21 : 25. Total parts = 64. Profit = 320000. One part = 5000. Difference between Anshu and Prakash = (25-21) * 5000 = 20000.

Keep practicing — related questions