A, B and C started a business on partnership by investing ₹42,000, ₹50,000 and ₹65,000 respectively. After 8 months, A invested ₹24,000 more while C withdrew ₹15,000. If profit earned at the end of the year is ₹1,04,000, then find the share of C in the profit.
Answer & explanation
Correct answer: option 4
We have,
The investment of A, B and C ₹42,000, ₹50,000 and ₹65,000 respectively. After 8 months, A invested ₹24,000 more while C withdrew ₹15,000. If profit earned at the end of the year is ₹1,04,000.
Now according to the question,
The ratio of the share of ,
A B C
Investment - 42000 50000 65000
After 8 months, A invested ₹24,000 more while C withdrew ₹15,000,
Now the ratio of the profit of them,
A B C
((42000 × 8) + (66000 × 4)) 50000 × 12 ((65000 × 8) + (50000 × 4))
A : B : c = 600 : 600 : 720 = 5 : 5 : 6
So, 5x + 5x + 6x = 1,04,000
share of c = 1,04,000 × 6 / 16 = 39000