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Gopal started a business with Rs. 3000. After 6 months Dinesh also joined him with Rs. 2000. If at the end of the year the profit is Rs. 2600. What is the share of Dinesh in the profit ?
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- Rs. 1733
- Rs. 1950
- Rs. 866
- Rs. 650
Correct Option: D
Ratio between the investment of Gopal and Dinesh = (3000 x 12) : (2000 x 6)
= 36000 : 12000
= 3 : 1
Dinesh's share = [1/(3 +1)] x 2600 = Rs. 650