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Ram, Shyam and Kamal together starts a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit be Rs.21000, what will be Kamal's share in this profit?
A) Rs.12500
B) Rs.10500
C) Rs.15000
D) Rs. 10000
Correct answer:
B) Rs.10500
Description for Correct answer:
Let Ram's share= 3x
Shyam's share = 4x
Kamal's share = 7x
According to the question,
3x + 4x +7x = 21000
14x = 21000
X = (21000/14) = 1500
Kamal's share = 7x = 7 X 1500
=Rs.10500
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