rrect answerA, B and C centre into partnership. A invests some money at the beginning, B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profits be Rs 27000 C’s share is?
Question
rrect answerA, B and C centre into partnership. A invests some money at the beginning, B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profits be Rs 27000 C’s share is?
Solution
The problem doesn't specify the amount A invested, so let's assume A invested x amount.
- A's investment was x for 12 months.
- B's investment was 2x, but it was only for 6 months (since B invested after 6 months).
- C's investment was 3x, but it was only for 4 months (since C invested after 8 months).
The profit is divided in the ratio of their investments.
So, the ratio of A:B:C = x12 : 2x6 : 3x*4 = 12:12:12 = 1:1:1
This means the profit of 27000 is divided equally among A, B, and C.
So, C's share is 27000/3 = Rs 9000.
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