Question

    A and B started a business by investing Rs.7000 and Rs.10000 respectively. After 7 months A withdrew 60% of his investment. If at the end of the year, profit share of B is Rs.8400, then find the profit share of A.

    A Rs.4900 Correct Answer Incorrect Answer
    B Rs.5400 Correct Answer Incorrect Answer
    C Rs.2800 Correct Answer Incorrect Answer
    D Rs.3600 Correct Answer Incorrect Answer

    Solution

    Profit sharing ratio A and B = 7000 x 7 + 4200 x 5 : 10000 x 12 = 7:12 So, profit share of A = 8400 x (7/12) = Rs.4900

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