Correct Answer - Option 2 : Rs. 35,000
Given:
Abhay's investment = Rs. 30,000
Bhawna's investment = Rs. 28,000
Total profit = Rs. 84,000
Concept used:
Divide the total profit according to investment ratio.
Calculations:
The total investment of Abhay in 8 months = 30000 × 8
The total investment of Bhawna in 4 months = 28000 × 12
The ratio of equivalent capitals of Abhay and Bhawna = (30000 × 8) ∶ (28000 × 12) = 5 ∶ 7
Thus Abhay’s share = 84000 × (5/12) = Rs. 35,000
∴ The share of Abhay is Rs. 35,000.