Arvind started a business by investing ₹80,000. After 4 months, Bhavin joined…
2025
Arvind started a business by investing ₹80,000. After 4 months, Bhavin joined with ₹1,20,000. At the end of 8 months from the start, Chandan joined with ₹1,60,000. If the total profit is ₹1,05,000 at the end of the year, find the share of Chandan.
- A.
₹26,500
- B.
₹26,000
- C.
₹26,200
- D.
₹26,250
Show answer & explanation
Correct answer: D
Calculate effective investment (Capital × Months):
Arvind: 80,000 × 12 = 9,60,000
Bhavin: 1,20,000 × 8 = 9,60,000
Chandan: 1,60,000 × 4 = 6,40,000
Profit Ratio: 9,60,000 : 9,60,000 : 6,40,000 = 3 : 3 : 2
Total shares = 3 + 3 + 2 = 8 parts.
Chandan's share = (2 / 8) × 1,05,000 = 26,250
Final Answer: Option D