Q:
Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?
Answer & Explanation
Answer: A) Rs. 7500
Explanation: Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3
B's share = 25000 x 3/10 = Rs. 7500.
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