Question

A, B, and C invested ₹24,000, ₹36,000, and ₹40,000 respectively. A's investment was for 12 months, B's for 8 months, and C's for 6 months. The total profit is ₹50,000. What is B's share of the profit?

• A. ₹17647.06
• B. ₹27647.56
• C. ₹23647.46
• D. ₹21647.72

Answer 1

Answer:

A. ₹17647.06

Profit is divided in the ratio of Capital × Time.

• A: ₹24,000 × 12 = 2,88,000

• B: ₹36,000 × 8 = 2,88,000

• C: ₹40,000 × 6 = 2,40,000

Ratio = 2,88,000 : 2,88,000 : 2,40,000
= 6 : 6 : 5

Total parts = 17

B's share:

$\frac{6}{17}\times 50,000$= ₹17,647.06

✅ Answer: ₹17,647.06 (approximately)