A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?Choices:- Rs.18000 Rs.15000 Rs.17000 Rs.14000
Question
A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?Choices:- Rs.18000 Rs.15000 Rs.17000 Rs.14000
Solution
To find the share of C in the annual profit of Rs.47000, we need to calculate the ratio of C's investment to the total investment.
A's investment = Rs.25000 B's investment = Rs.30000 C's investment = Rs.35000
Total investment = Rs.25000 + Rs.30000 + Rs.35000 = Rs.90000
Now, we need to calculate the ratio of C's investment to the total investment:
C's share = (C's investment / Total investment) * Annual profit = (35000 / 90000) * 47000 = 0.3889 * 47000 = Rs.18222.22
Therefore, the share of C in the annual profit of Rs.47000 is approximately Rs.18222.22.
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