In a partnership business, A invests of the capital for of the total time, B invests of the capital for of the total time and C invests the rest of the capital for the whole time. Find the share of B out of a total profit of .
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let total capital be units and total time be units (LCM of 4 and 6).
Capital invested:
Time period of investment:
Profit sharing ratio is given by :
Sum of ratios =
Share of B out of total profit of :
Capital invested:
Time period of investment:
Profit sharing ratio is given by :
Sum of ratios =
Share of B out of total profit of :