A, B and C are partners. They have invested Rs 35,000, Rs 25,000 and Rs 10,000 respectively for the same period. If the total profit is Rs 18,000, find A’s share (in Rs).
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 9000
The money is invested for the same period, so the profit is shared in the ratio of the investments.
A : B : C \(=35000:25000:10000=7:5:2\), total 14 parts
A’s share \(\displaystyle =\frac{7}{14}\times18000=9000\)
A’s share is Rs 9,000.