A starts business with a capital of Rs.1200. B and C join with some investments after 3 and 6 months respectively. If the end of a year, the profit is divided in the ratio 2:3:5 respectively. What is B's investment in the business?
Q1. A starts business with a capital of Rs.1200. B and C join with some investments after 3 and 6 months respectively. If the end of a year, the profit is divided in the ratio 2:3:5 respectively. What is B's investment in the business?
Answer: Rs0.24
Explanation: A:B:C profit ratio = 2:3:5; A = 1200×12 = 14400; B's investment × 9 months = 14400 × 3/2 → B = Rs.2,400.