A and B invest in the ratio of 3 : 5 respectively. After 6 months , C enters the business with the investment of the capital equal to that of B. What will be the ratio of the profits of A,B and C at the end of year?
Correct Answer: Description for Correct answer:
Let investment of A = 3x
Investment of B = 5x
Investment of C = 5x
As we know ratio of profits = Ratio of investments
A's share : B's share : C's share
= 3x X 12 : 5x X 12 :5x X (12 - 6)
= 3x X 12 : 5x X 12 :5x X 6 = 6 : 10 : 5
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