A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A.
Answer & explanation
Correct answer: option 1
Since all three partners invested for the same period, the profit is divided in the ratio of their investments.
Investment ratio:
$35000 : 25000 : 10000 = 7 : 5 : 2$
Total ratio:
$7 + 5 + 2 = 14$
A's share of the profit:
$\frac{7}{14} \times 18000 = \frac{1}{2} \times 18000 = 9000$