A and B invest Rs. 15,000 and Rs. 20,000, respectively, in a business. After 6 months, C invests Rs. 20,000. If the total profit after 2 years is Rs. 25,000, what is B's share of the profit?
- Rs. 8,000
- Rs. 9,000
- Rs. 10,000
- Rs. 12,000
Explanation
Let's calculate using the capital × time method:
- A: 15,000 × 24 = 360,000
- B: 20,000 × 24 = 480,000
- C: 20,000 × 18 = 360,000
Profit ratio = 360,000: 480,000: 360,000
Simplify:
3 : 4 : 3
Total parts = 3 + 4 + 3 = 10
B's share =
= Rs. 10,000
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