A, B, and C start a business by investing ₹60,000, ₹80,000, and ₹1,20,000, respectively. After one year, the total profit earned is ₹78,000. By how much does C’s share exceed B’s share?
₹12,000
Profit is shared in the ratio of investments: \(60000 : 80000 : 120000\).
Divide through by 20000 to simplify: \(3 : 4 : 6\), with total parts \(3 + 4 + 6 = 13\).
Value of one part \(= \dfrac{78000}{13} = 6000\).
B's share \(= 4 \times 6000 = 24000\) and C's share \(= 6 \times 6000 = 36000\).
Difference \(= 36000 - 24000 = 12000\).
Hence, C's share exceeds B's share by ₹12,000.
A, B and C are partners in a business. A, whose money has been used for 4 months, claims \(\tfrac18\) of the profit. B, whose money has been used for 6 months, claims \(\tfrac13\) of the profit. C had invested ₹ 1560 for 8 months. How much money did A contribute?
A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A withdrew his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A’s share in the profit is:
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Mathur started a business by investing R6,76,000 as capital. After 4 months, Goyal joined the business by investing a capital of Rs. 5,07,000. A total of Rs. 2,60,000 including 25% of the total profit was given to Goyal for conducting business at the end of the year. How much profit Mathur will get?
Mannu and Bhanu are partners. Bhanu wants to admit his son Channu into business. Can Channu become the partner of the firm?
L, S and D are partners sharing profits in the ratio of \(\frac{2}{5},\frac{3}{7}\) and \(\frac{3}{10}\). If S retires from the firm, what will be the gain ratio of L