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A starts a taxi service by investing ₹25 lakhs. After 3 months, B joins the business by investing ₹40 lakhs. Four months after B joins, C also joins by investing ₹50 lakhs. One year after A started the business, they make a profit of ₹2,73,000. What is C's share of the profit?
- ₹1,00,000
- ₹75,000
- ₹1,25,000
- ₹1,50,000
Correct answer: ₹75,000
Solution
Profit is divided in the ratio of capital × time. A, B, and C invest for 12, 9, and 5 months respectively, so their shares are proportional to 25×12, 40×9, and 50×5. This gives the ratio 300:360:250, and C's share comes to ₹75,000.
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