Multiple choice

In a partnership A invest Rs. 17500 and was joined by B after 6 months with investment of Rs. 27500. After another 6 months C also joined them with investment of Rs. 45000. If after two years total profit of Rs. 22698 is obtained. Find the share of B.

  1. Rs.1716

  2. Rs. 7722

  3. Rs. 6587

  4. Rs. 2542

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

A invested Rs. 17500 for 24 months = 17500 × 24 = 420,000. B invested Rs. 27500 for 18 months (joined after 6 months) = 27500 × 18 = 495,000. C invested Rs. 45000 for 12 months (joined after 12 months) = 45000 × 12 = 540,000. Ratio A:B:C = 420000:495000:540000 = 28:33:36. Total profit = Rs. 22698. B's share = (33/97) × 22698 = Rs. 7722. Option B is correct.

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