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A, B and C jointly started a business in which A invested ₹7,000 for 12 months, B invested ₹8,000 for 10 months and C invested ₹12,000 for 6
Question

A, B and C jointly started a business in which A invested ₹7,000 for 12 months, B invested ₹8,000 for 10 months and C invested ₹12,000 for 6 months. A was the working member for which he received 20% of the profits as his remuneration. The total profit earned at the end of one year was ₹14,750. What is C's Share (in ₹) in the profit?

A.

4,000

B.

4,200

C.

2,950

D.

3,600

Correct option is D

Given:
A's investment = ₹7,000 for 12 months
B's investment = ₹8,000 for 10 months
C's investment = ₹12,000 for 6 months
A's remuneration = 20% of the total profit
Total profit = ₹14,750
Formula Used:

Profit  = Investment ×\times Time​
Capital Share Ratio = As Investment×As TimeTotal Investments and Time\frac{A's \, \text{Investment} \times A's \, \text{Time}}{\text{Total} \, \text{Investments} \, \text{and} \, \text{Time}}​​
Solution:

A’s share of the profit (remuneration) = 20% of the total profit
A’s remuneration = 20%×14,750=2,95020\% \times 14,750 = 2,950​​
Remaining profit = 14,750 - 2,950 = 11,800
Capital contributions:
A's capital =  7,000×12=84,0007,000 \times 12 = 84,000​​
B's capital =  8,000×10=80,0008,000 \times 10 = 80,000​​
C's capital = 12,000×6=72,00012,000 \times 6 = 72,000​​
Total capital = 84,000 + 80,000 + 72,000 = 236,000
Share of C in the remaining profit:
C's share = 72,000236,000×11,800=3,600\frac{72,000}{236,000} \times 11,800 = 3,600​​
Thus, the correct option is (d) ₹3,600


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