Discussion :: Partnership
- A and B enter into a partnership by investing Rs.14000 and Rs. 16000 respectively. After 8 months, C joins them with a capital of Rs.12000. Find the share of C in a total profit of Rs. 57000 after 2 years.
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Answer : Option A
Explanation :
A's capital be C1 = 14000
B's capital be C2 = 16000
C's capital be C3 = 12000
A's time be T1 = 24 months
B's time be T2 = 24 months
C's time be T3 = 16 months
Profit: 57000
Apply formula: Profit of A: Profit of B: Profit of C = C1*T1: C2*T2:C3*T3
= 14000*24: 16000*24:12000*16
= 336000:384000:192000
= 7: 8: 4
C's share = 
* 57000 = 12000 (Option A)
Solution 2:
Apply formula : 
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