Aman started a business investing Rs 70,000. Rakhi joined him after six months with an amount of Rs 1,05,000 and Sagar joined them with Rs 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
Answer & explanation
Correct answer: option 2
Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.