Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business ?
A) 11 : 13 : 15
B) 11 : 13 : 17
C) 12 : 17 : 18
D) 12 : 15 :16
Answer: D) 12 : 15 :16
Aman : Rakhi : Sagar = (70000 x 36) : (105000 x 30) : (140000 x 24) = 12 : 15 : 16.
P and Q started a business by investing Rs 156000 and Rs 117000 respectively and their time period of investment is same. If P’s share in the profit earned by them is Rs 12000, then what is the total profit (in Rs) earned by both of them together?
Tarun and Tapan started a partnership with investments of Rs.13,000 and Rs.19,500 respectively, however due to a financial emergency Tapan had to withdraw his investment after 8 months. In what ratio should the profit of the first 12 months be shared among the duo?
Mohan invested Rs. 100000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?