'A' started a business with investment of ₹5000. After 2 months, 'B' & 'C' joined with ₹2500 and ₹3500, respectively. If total annual profit was ₹4800, what was B's share in annual profit?
Question and options
'A' started a business with investment of ₹5000. After 2 months, 'B' & 'C' joined with ₹2500 and ₹3500, respectively. If total annual profit was ₹4800, what was B's share in annual profit?
- ₹1200
- ₹1150
- ₹1100
- ₹1000
Answer and explanation
Correct answer: D - ₹1000
Capital-months: A 5000 x 12 = 60000, B 2500 x 10 = 25000, C 3500 x 10 = 35000; ratio 12:5:7. B's share = 4800 x 5/24 = 1000.
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