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A, B and C invested ₹ 13,000, ₹ 17,000 and ₹ 5,000 respectively in a business. At the end of the year, they earn a profit of ₹ 1,400. B’s share of profit is
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- ₹ 680
- ₹ 410
- ₹ 630
- ₹ 720
Correct Option: A
Ratio of the equivalent capitals of A, B and C for 1 month
= 13000 × 12 : 17000 × 12 : 5000 × 12
= 13 : 17 : 5
Sum of the terms of ratio
= 13 + 17 + 5 = 35
Total profit = Rs. 1400
∴ B’s share = Rs. | × 1400 | = Rs. 680 | |||
35 |