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- Ganesh starts a business investing Rs.
Question 1:
Ganesh starts a business investing Rs. 30000. After a year, Ramesh joins him with a capital of Rs. 40000 and Suresh joins them after another year with Rs. 50000. The profit at the end of three years is Rs. 44000.Find Ramesh's share.
A. Rs. 11,000/-
B. Rs. 18,000/-
C. Rs. 16,000/-
Feedback Ratio of their investments after 3 years = (3000 × 3) : (40000 × 2) : (50000) = 9 : 8 : 5
Ramesh's share = (8/22) × 44000 = Rs. 16000
Ramesh's share = (8/22) × 44000 = Rs. 16000
D. Rs. 20,000/-
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