Three friends (Amar, Mohan and Sham) started partnership business by investing…
TCS · 2024TCS · 2018
Three friends (Amar, Mohan and Sham) started partnership business by investing Rs. 1,00,000, Rs. 1,40,000 and Rs. 1,60,000 respectively. After eight months, Ramesh joins them with his capital of Rs. 50,000. If, at the end of the year, a profit of Rs. 30,500 was made, what would be the difference between the shares of Sham and Mohan?
- A.
Rs. 675
- B.
Rs. 950
- C.
Rs. 1200
- D.
Rs. 1464
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