A started a business by investing Rs. 8000. 3 months later B joined him with Rs. 5000. If at the end of a year total profit earned was Rs. 2350. How much is the share of A more than the share of B?
Correct Answer: Rs. 850
Explanation:
Ratio between the investment of A and B = (8000 x 12) : (5000 x 9)
= 96000 : 45000 = 32 : 15 Total profit = Rs. 2350
∵ A's share = [32/(32 + 15)] x 2350 = Rs. 1600
∴ B's share = 2350 - 1600 = Rs. 750
∴ Required difference = 1600 - 750 = Rs. 850
