Multiple choice

A start a business with an investment of Rs 27600, after six months B joined him with an investment of Rs 41400. After another six months C also joined them with an investment of Rs 46000. If after 2 years a profit of Rs 42600 was generated find the profit share of B.

  1. 15400 Rs

  2. 16200 Rs

  3. 16400 Rs

  4. 17200 Rs

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A's investment: 27600 × 24 months = 662400. B's investment: 41400 × 18 months = 745200. C's investment: 46000 × 12 months = 552000. Total = 1959600. B's profit share = (745200 / 1959600) × 42600 = 16200. B invested for 18 months (joined after 6 months, profit calculated after 2 years).