A and B start a business with investments of Rs. 7000 and Rs. 9000 respectively. After 4 months, C joins with an investment of Rs. 12000. What is B's share in the total profit of Rs. 7700 at the end of the year?
Q1. A and B start a business with investments of Rs. 7000 and Rs. 9000 respectively. After 4 months, C joins with an investment of Rs. 12000. What is B's share in the total profit of Rs. 7700 at the end of the year?
Answer: Rs. 3000
Explanation: Ratio of investments = (7000 * 12) : (9000 * 12) : (12000 * 8) = 7 : 9 : 8. B's share = (9 / (7 + 9 + 8)) * 7700 = (9/24) * 7700.