A partner joins some months later: profit shares or capitals
This type of question, asked 2 times: 29 Jan 2022 Tier II, 7 Mar 2023 Tier II. All 2 questions below, oldest first.
Try each one first, then open its answer.
Question 1
29 Jan 2022 Tier II
80A started a business with a capital of ₹54,000 and admitted B and C after 4 months and 6 months, respectively. At the end of the year, the profit was divided among the three in the ratio 1 : 4 : 5. What is the sum (in ₹) of the capitals invested by B and C?Tap an option to check your answer.
Question 2
7 Mar 2023 Tier II
28A starts a business with ₹75,000 and B joins the business 5 months later with an investment of ₹80,000. After 1 year, they earn a profit of ₹4,08,800. Find the share of A and B (in ₹).Tap an option to check your answer.