2 persons start a business with an amount of 12000 and 15000 respectively and 3 months later a third person joins them with an amount of 20000. What will be the ratio in which the profit will be distributed at the end of the year?
As we know that the profit will be distributed in the ratio of (money invested)*(Duration for which money was invested).
Hence, Ratio will be = 12000*12 : 15000*12 : 20000*9 = 4:5:5
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