A and B started a business in partnership investing Rs. 10,000 and Rs. 7,500 respectively. After 3 months, C joined them with Rs. 10,000. What will be B’s share in the total profit of Rs 12,000 earned at the end of 1 year from the starting of the business?
Explanation:
Profit ratio of A,B and C, A : B : C = (10,000 x 12) : (7500 x 12) : (10,000 x 9) = 4 : 3 : 3
Hence, B’s share = (3/10) x 12000 = Rs. 3600