A starts a business with Rs 5000 and B joins the business 5 months later with an investment of ...........

Quantitative Aptitiude (CLAT) Partnership

A starts a business with Rs 5000 and B joins the business 5 months later with an investment of Rs 6000. After a year, they earn a profit of RS 34000. Find the shares of A and B in the profit amount depending on their individual investment.

Rs 20000, Rs 14000

Rs 16000, RS 16000

Rs 14000, Rs 20000

None of these

Explanation:

Let A gets Rs x as profit then B will get (34000-x).
A had invested for 12 months while B had invested for 12-5 = 7months
(5000*12)/(6000*7) = x/(34000-x)
60/42 = x/(34000-x)
10/7 = x/(34000-x)
340000-10x = 7x
17x = 340000
x = 20000 (profit of A)
profit of B = 34000-20000 = 14000
Correct option is 1) 20000,14000