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Raju,Vikram and Rihan are invested some amount into the business.Vikram invested double the amount after 6 mionths and Rihan invested thrice the amount invested by Raju after 8 months.What is Rihan’s share in profit if they earn a profit of Rs.60000 at the end of 1 year ?
23,000
22,000
21,000
20,000
Investment Ra = X for 12 months = 12x Investment V = 2X for 6 months = 12x Investment Ri = 3X for 4months = 12x Raju : Vikram : Rihan = 12:12:12 = 1:1:1 Rihan’s share in profit = 1/3×60,000 =20,000
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