Correct Answer - Option 1 : 26200
Given: A, B and C started a business investing Rs. 12000, 15000 and 10,000. After 5 months, A withdrew Rs. 4000, B withdrew Rs. 7000, C withdrew Rs. 2000. At the end of the year, total profit was Rs. 70,600.
Formula: Ratio of profits after investment = ratio of sum of the product of investment amount and the time invested for.
Calculation:
|
A
|
B
|
C
|
|
12000 × 5 + 8000 × 7
|
15000 × 5 + 8000 × 7
|
10,000 × 5 + 8000 × 7
|
|
60,000 + 56000
|
75000 + 56000
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50,000 + 56000
|
|
116,000
|
131,000
|
106,000
|
Share of B = 131000/353,000 × 70,600 = 26,200
