Correct option is A
Given:
Investment of A= 20000
Investment of B = 16000
Investment of C = 15000 (Only for 3 months)
Half yearly profit = 4350
Duration of Investment = 6 months
Solution:
Ration of Investment for the duration of 6 months of each partners:
A:B:C = 20000×6 : 16000×6 : 15000×3
A:B:C = 40: 32 : 15
B’s share=Total ratioB’s ratio×Total profit
B’s share=40+32+1532×4,350
=8732×4,350
= Rs.1600