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2026
Three partners A, B and C entered into a business. A invested one-third of the capital for one-third duration. B invested one-fourth of the capital for one-fourth duration. C invested the remaining capital for the whole duration. Out of a profit of ₹17,000, how much profit will C get?
Explanation
C's capital contribution is 1/3 (A) + 1/4 (B) = 7/12, leaving C with 5/12 of the total capital; since A and B's investments were for shorter durations, C's profit share, based on total capital and time invested, results in him receiving ₹12,000 from the ₹17,000 profit.
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