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Read the following table to answer the following questions. Some values are missing in the table. Calculate the values as per given data in questions.
Year
Investment(in Rs)
Profit( in Rs)
A
B
C
2014
-
3200
3000
5250
2015
2400
3300
3850
2016
1800
Rs 2200
Rs 2800
Rs 3000
Rs 2400
None of these
Profit earned by all in 2016 is Rs 17,400 (1800+2400/(2400+C) = 21/20 So, C’s investment is Rs 1600 So ratio of their profit sharing is 9 : 12 : 8 So difference in profits of B and C is (12-8)/(9+12+8) * 17400 = Rs 2400
By: Munesh Kumari ProfileResourcesReport error
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