Multiple choice

A starts business with a capital of Rs 14000, 5 months later B joins and further two months later C joins them. If the profit sharing ratio in the end of year is 4:3:2, then the money invested by C was?

  1. 18000

  2. 16800

  3. 18600

  4. 10800
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Profit is proportional to capital × time. A invested Rs. 14,000 for 12 months, B for 7 months, C for 5 months. Let B's capital be b, C's be c. Ratio: (14000×12) : (b×7) : (c×5) = 4:3:2. From 4:3, b = 16800. From 3:2 and using b, c = 16800. C invested Rs. 16,800 for 5 months.

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