A, B and C started a business by investing Rs.8,400/, Rs.15,600/ and Rs.13,200/ respectively.All of them invested for equal period of time. If A's share of annual profit was Rs.1,960/, what was the difference B's share of annual profit and C's share of annual profit ?
Investment by A, B & C = 8400, 15600 , 13200
=> A : B : C = 7 : 13 : 11
Let total profit be x
=> A's share = $$\frac{7}{31} * x = 1960$$
=> $$x = \frac{1960 * 31}{7} = 8680$$
$$\therefore$$ Difference between B's and C's share of profit = $$\frac{2}{31}$$ * 8680
= Rs. 560
Create a FREE account and get: