A, B and C invested 13,000, 17,000 and 5,000 respectively in a business. At the end of the year, they earn a profit of 1,400. B’s share of profit is
Answer : Option A
Explanation : Ratio of the equivalent capitals of A, B and C for 1 month
= 13000 × 12 : 17000 × 12 : 5000 × 12
= 13 : 17 : 5
Sum of the terms of ratio = 13 + 17 + 5 = 35
Total profit = Rs. 1400
B’s share Rs. Rs. 680
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