Question
Alfred started a business investing Rs. 45,000. After 3 months, Peter
joined him with a capital of Rs. 60,000. After another 6 months, Ronald
joined them with a capital of Rs. 90,000. At the end of the year, they
made a profit of Rs. 16,500. Find the lire of each.
Answer: Option C
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bdly, Alfred invested his capital for 12 months, Peter for 9 months and Ronald
for 3 months.
So, ratio of their capitals = (45000 x 12) : (60000 x 9) : (90000 x 3)
= 540000 : 540000 : 270000 = 2 : 2 : 1.
Alfred's share = Rs. (16500 x (2/5)) = Rs. 6600
Peter's share = Rs. (16500 x (2/5)) = Rs. 6600
Ronald's share = Rs. (16500 x (1/5)) = Rs. 3300.
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