Question

A and B started a business by investing Rs.4000 and Rs.3000 respectively. After 6 months C joined them by investing Rs.4000. At the end of two years they have earned a profit of Rs.4000, then the share of C in the profit is?

• A. Rs.1000
• B. Rs.2000
• C. Rs.800
• D. Rs.1200
• E. Rs.1500

Answer 1

The correct option is D

Rs.1200

Profit of A : Profit of B : Profit of C = 4000$\times$ 24 : 3000$\times$ 24 : 4000$\times$ 18

= 4 : 3 : 3

C's share of the profit = $\frac{3}{10}\times$ 4000

= Rs.1200