1. A and B started a business in partnership investing 60,000 and 50,000 respectively. After 6 months, C joined them with 80,000. What will be the C’s share in the total profit of 21,200 earned at the end of the 3 years from the starting of the business?
Solution:
60000*36 : 50000*36 : 80000*30
18: 15: 20
18+15+20 = 53.
C’s share = (21200*20)/ 53
= 8000.
2. Sheldon started a business investing 50,000. Amy joined him after 3 months with an amount of 25,000 and Leonard joined them with 75,000 after another 3 months. The amount of the profit earned should be distributed in the ratio among them, 2 years after Sheldon started the business?
Solution:
50000*24 : 25000*21 : 75000*18
16: 7: 18
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