A, B, and C started a business. A invested Rs. 29000, while B and C invested Rs.25000 each. After 4 months, A withdrew Rs. 3000, and after 2 more months C invested Rs. 12000 more. Find the share of C in the profit of Rs.33200 at the end of the year.
Answer & explanation
Correct answer: option 2
( A : A1) : B : (C : C1)
Investmet: (29000 : 26000) : 25000 : (25000 : 37000)
Invt. Ratio: (29 : 26) : 25 : (25 : 37)
Time : (04 : 08) : 12 : (06 : 06)
Profit Ratio: (116 : 208) : 300 : (150 : 222)
⇒ 324 : 300 : 372
⇒ Total profit = 324 + 300 + 372 = 996
⇒ C's Profit = \(\frac{372}{996}\) × 33200 = 12400
**Here (A and A1) are the same person. Same C and C1