Multiple choice

A started a business with an investment of Rs 8000. B joins after 4 months with a capital of Rs 10,000. After 8 months of starting the business, C joins them with a capital of Rs 15000. After 1 year, find the share of C with an annual profit of Rs 118000.

  1. 12000

  2. 15000

  3. 35000

  4. 26000

  5. 30000
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Investment ratios: A invests Rs.8000 for 12 months, B invests Rs.10000 for 8 months (joins after 4 months), C invests Rs.15000 for 4 months (joins after 8 months). Ratio = 8000×12 : 10000×8 : 15000×4 = 96 : 80 : 60 = 24 : 20 : 15. Total parts = 59. C's share = (15/59)×118000 = 30000.

Keep practicing — related questions