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A starts business with a capital of Rs. 14,000, five months later B joins and further two months later C joins them. If the profit sharing ratio in the end of year is 4 : 3 : 2, then the money invested by C was:
18,000
16,800
18,600
10,800
A B C A amounts invested= 14,000 Time (in months)= 12 : 7 : 5 (14000*12) = 1,68,000 Ratio of profits 4 : 3 : 2 Let their profits 4x : 3x : 2x are 4x = 1,68,000 x = 1,68,000/4 = Rs. 42,000 Profit share of C = 2x = (2×42,000) = Rs.84,000 Capital invested by C = 84000/5 = Rs.16,800
By: Pranav Gupta ProfileResourcesReport error
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