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A started the business with an amount of ₹12,000 and stayed in the business for 5 months. B invested ₹15,000 and stayed in the business for 8 months. After 4 months from the start, C started the business with an amount of ₹200 more than A. If the annual profit is ₹138,800, then what is the share of profit B will get?
- ₹60,000
- ₹85,000
- ₹75,000
- ₹65,000
Correct answer: ₹60,000
Solution
In partnership problems, profit is shared according to capital × time. Using the given durations and investments, B's share comes out to ₹60,000.
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