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 Time
Capital Share Ratio =
Solution:
A’s share of the profit (remuneration) = 20% of the total profit
A’s remuneration =
Remaining profit = 14,750 - 2,950 = 11,800
Capital contributions:
A's capital =
B's capital =
C's capital =
Total capital = 84,000 + 80,000 + 72,000 = 236,000
Share of C in the remaining profit:
C's share =
Thus, the correct option is (d) ₹3,600