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Ram, Shyam and Kamal together start a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit be ₹ 21000, what will be Kamal's share in this profit ?
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- ₹ 12500
- ₹ 10500
- ₹ 15000
- ₹ 10000
Correct Option: B
Given ratio of profits of Ram, Shyam and Kamal = Ratio of their capitals
= 3 : 4 : 7
Kamal's share = [7/(3 + 4 + 7)] x 21000
= 7 x 1500 = ₹ 10500
