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Ravi and Shyam enter into a partnership and together start a business with contributions of Rs. 15000 and $ 20000. After 4 months Mohan also joins them with contribution of $ 22500. After 9 months Shyam withdraws his contribution. At the end of the year there is a profit of $ 9000. Find the share of each in the profit.
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- $ 4000
- $ 3000
- $ 3500
- $ 3600
Correct Option: B
According to question ,
Ratio of investments are -
Ravi : Shyam : Mohan = (15000 × 12) : (20000 × 9) : (22500 × 8)
Ravi : Shyam : Mohan = 180000 : 180000 : 180000 = 1 : 1 : 1
Sum of ratios = 1 + 1 + 1 = 3
Profit = $ 9000
Therefore,
| Share of each in the profit = | = $ 3000 | 3 |
