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Aand B started a business by Investing R...

Aand B started a business by Investing Rs 25000 and Rs. 20000 respectively. B left the business after 7 months and C joined the business with a sum of Rs. 30000. The profit earned at the end of the year is Rs 76, 700 What is B's share of profit ?

A

Rs 18.200

B

Rs.20,200

C

Rs.21,400

D

Rs 22,300

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AI Generated Solution

The correct Answer is:
To find B's share of the profit, we will follow these steps: ### Step 1: Determine the investment and time for each partner - A invests Rs 25,000 for 12 months. - B invests Rs 20,000 for 7 months (leaves after 7 months). - C joins with Rs 30,000 for the remaining 5 months (from month 7 to month 12). ### Step 2: Calculate the capital contribution in terms of "capital months" - For A: \[ \text{Capital months} = 25000 \times 12 = 300000 \] - For B: \[ \text{Capital months} = 20000 \times 7 = 140000 \] - For C: \[ \text{Capital months} = 30000 \times 5 = 150000 \] ### Step 3: Calculate the total capital months \[ \text{Total Capital Months} = 300000 + 140000 + 150000 = 590000 \] ### Step 4: Find the ratio of capital contributions - A's share: \[ \text{A's share} = 300000 \] - B's share: \[ \text{B's share} = 140000 \] - C's share: \[ \text{C's share} = 150000 \] The ratio of their contributions is: \[ \text{A : B : C} = 300000 : 140000 : 150000 \] To simplify, divide each term by 10000: \[ \text{A : B : C} = 30 : 14 : 15 \] ### Step 5: Calculate the total parts in the ratio \[ \text{Total parts} = 30 + 14 + 15 = 59 \] ### Step 6: Calculate the value of one part of the profit Given the total profit is Rs 76,700: \[ \text{Value of one part} = \frac{76700}{59} \approx 1300 \] ### Step 7: Calculate B's share of the profit B's share in the ratio is 14 parts: \[ \text{B's profit} = 14 \times 1300 = 18200 \] ### Final Answer B's share of the profit is Rs 18,200. ---
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