Jayant started a business, investing Rs. 6000. Six months later Madhu joined him, investing Rs. 4000. If they made a profit of Rs. 5200 at the end of the year. How much must be the share of Madhu?
Correct Answer: Rs. 1300
Explanation:
Ratio of their shares = (6000 x 12) : (4000 x 6) = 3 : 1
∴ Madhu's share = Rs.5200 x (1/4)