A, B and C enter into a partnership and their shares are in ratio 1/2 : 1/3 : 1/4
A, B and C enter into a partnership and their shares are in ratio 1/2 : 1/3 : 1/4, after 2 months, A withdraws half of his capital and after 10 months, a profit of Rs 378 is divided among them. What is B's share?
- Rs 124
- Rs 144
- Rs 156
- Rs 165
Answer
LCM of 2, 3 and 4 = 12
Ratio of initial investment is 6x : 4x : 3x
Ratio of final investment at the end of 1 year:
A invests 6x for first 2 months and then 3x for next 10 months. B and C invest 4x and 3x respectively for 12 months.
(6x*2 + 3x*10) : (4x*12) : (3x*12) = 42 : 48 : 36 = 7 : 8 : 6
Profit divided is directly proportional to the investment made.
B's share = (8/21) * 378 = 144
The correct option is B.