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Question

Mahesh, Suresh and Ganesh entered into a partnership. Mahesh invested Rs 16,000 for 9 months. Suresh invested Rs 12,000 for 6 months and Ganesh invested Rs 8,000 for 12 months. At the end of a year, there was a profit of Rs 26,000. Find Suresh's share of the profit.

A
Rs 8,000
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B
Rs 7,500
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C
Rs 6,000
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D
Rs 8,500
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E
None of the above
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Solution

The correct option is C Rs 6,000
Here, C1=16000,C2=12000,C3=8000,t1=9,t2=6,t3=12 and P=26000
Suresh's share in the profit,
=C2×t2×PC1t1+C2t2+C3t3
=12000×6×2600016000×9+12000×6+8000×12=1872000000312000
= Rs 6000

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