'A' started a business with investment of ₹5000. After 2 months, 'B' & 'C' joined with ₹2500 and ₹3500, respectively. If total annual profit was ₹4800, what was B's share in annual profit?
Solution
✅ Correct Option: 4
Profit is shared in the ratio of money multiplied by time. B and C joined 2 months late, so they stayed for $12-2=10$ months. | Partner | Money | Time | Money $\times$ Time | |---|---|---|---| | A | ₹5000 | 12 months | $60000$ | | B | ₹2500 | 10 months | $25000$ | | C | ₹3500 | 10 months | $35000$ | $\text{Ratio}=60000:25000:35000=12:5:7$ $\text{Total parts}=12+5+7=24$ $\text{B's share}=\dfrac{5}{24}\times4800=₹1000$