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Question

A and B enter into a partnership by investing Rs. 12,000 and Rs. 16,000 respectively. After 4 months B withdraws Rs. 6,000 and A invest Rs. 5,000 more. After 2 more months C joined with Rs. 20,000 capital. What will be As share in profit if total profit of Rs. 30,100 is earned at the end of one year?
  1. 12360.5
  2. 12365
  3. 12362.5
  4. Cannot be determined

A
12360.5
B
12365
C
12362.5
D
Cannot be determined
Solution
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