A invests ₹20000 for 12 months, B invests ₹25000 for 6 months, C invests ₹30000 for 8 months. Total profit=₹42000. Find A's and B's share.

₹16000 and ₹10000
₹26000 and ₹10000
₹12000 and ₹14000
₹18000 and ₹8000

Correct answer: ₹16000 and ₹10000

Solution

Capital × time: A=240000, B=150000, C=240000. Simplify: 8:5:8. Total parts=21. A's profit=8/21×42000=₹16000. B's profit=5/21×42000=₹10000.

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