Multiple choice

A started a business investing Rs 35000. After six months B joined him with a capital of Rs 60000. At the end of the year the total profit was Rs 26,000. What will be the difference between the share of profits of A and B ?

  1. Rs 4000

  2. Rs 3600

  3. Rs 2600

  4. Rs 2000

  5. Rs 2500
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A's effective capital = 35000 × 12 months = 420000. B's effective capital = 60000 × 6 months = 360000 (joined after 6 months). Ratio A:B = 420000:360000 = 7:6. Total profit = Rs 26000. A's share = (7/13) × 26000 = Rs 14000. B's share = (6/13) × 26000 = Rs 12000. Difference = 14000 - 12000 = Rs 2000.

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