Math Problem Statement

Q 2 - If an amount of Rs. 20000 and Rs. 25000 invested by two partners in a business. But B left the business hand C joined the business with the capital of Rs. 15000 after the period of 4 year. An amount of Rs. 46000 earned as profit by the firm then what should be the share in profit of C?

Solution

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Math Problem Analysis

Mathematical Concepts

Profit Sharing
Ratio and Proportion

Formulas

Profit Sharing Ratio = (Investment * Time) for each partner
Share of Profit = (Individual Share / Total Shares) * Total Profit

Theorems

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Suitable Grade Level

Grades 9-11