A starts a business with ₹30,000. After 4 months B joins with ₹40,000. At the end of the year the total profit is ₹34,000. What is B's share of the profit?

Question

Accepted Answer

₹16,000. Capital-months: A = 30000 × 12 = 3,60,000; B = 40000 × 8 = 3,20,000. Ratio 9:8. B = 8/17 × 34000 = ₹16,000.

A starts a business with ₹30,000. After 4 months B joins with ₹40,000. At the end of the year the total profit is ₹34,000. What is B's share of the profit?

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