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A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?

Correct answer: D. Rs.14000

  • A. Rs.18000
  • B. Rs.15000
  • C. Rs.17000
  • D. Rs.14000

Explanation

A contributes Rs.25000 x 12 months = Rs.300000-months and B contributes Rs.30000 x 12 months = Rs.360000-months. C joins after 4 months, so C contributes Rs.35000 x 8 months = Rs.280000-months; the total is Rs.940000-months. C's share is Rs.47000 x 280000/940000 = Rs.14000. The likely mistake is option b, Rs.15000, which does not account correctly for C's shorter investment period.

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