started a business with a capital of . After months, joined the business with a capital of , and after another months, joined the business with a capital of . After months from the start of the business, withdraws and also withdraws . If received as his share in the profit at the end of a year, then the total profit was:
- A
- B
- C
- D
Solution & Step-by-step Explanation
To find the profit-sharing ratio, we calculate the equivalent capital for month (Investment Duration in months) for each partner over a total period of months:
*For **: Invested for the entire months.
*For **: Joined after months (active for months total). Invested for months (from month to month ), then withdrew , leaving for the remaining months.
*For **: Joined months after (active for months total). Invested for months (from month to month ), then withdrew , leaving for the remaining months.
Now, find the ratio of their investments:
Dividing by :
Given that 's share of profit is , which corresponds to units:
The total profit corresponds to units:
*For **: Invested for the entire months.
*For **: Joined after months (active for months total). Invested for months (from month to month ), then withdrew , leaving for the remaining months.
*For **: Joined months after (active for months total). Invested for months (from month to month ), then withdrew , leaving for the remaining months.
Now, find the ratio of their investments:
Dividing by :
Given that 's share of profit is , which corresponds to units:
The total profit corresponds to units: