Math Problem Statement
Three persons A, B and C started a business. They invest in the ratio of (1/3) ∶ (1/2) ∶ (1/4). After 6 months A's investment becomes (3/2)th of his initial amount and B investment becomes (1/6)th of his initial amount. At the end of the year, the difference in the profit share of A and B is Rs. 2400. Find C's share
Solution
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Math Problem Analysis
Mathematical Concepts
Ratio and Proportion
Investment
Profit Sharing
Formulas
Profit share ratio = Total investment ratio
Difference in profit = A's profit - B's profit
Total profit P = (Difference in profit × Total shares) / Share difference
Theorems
Proportional Distribution Theorem
Suitable Grade Level
Grades 10-12
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