Question
A and B started a business with investments in
the ratio 11:10 respectively. After 10 months, C joined them with an investment 40% more than the investment of B. Find the profit share of C out of the total profit of Rs 14000 at the end of two yearsSolution
Let the investments of A and B be Rs. 11x and Rs. 10x respectively.
So, the investment of C = 1.40 × 10x = Rs. 14x
So, the ratio of their investments = (11x × 24): (10x × 24): (14x × 14) = 66:60:49
So, the profit share of C = 49/175 × 14000 = Rs. 3920
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