A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?
Rs. 300
Rs. 400
Rs. 500
Rs. 600
Explanation:
Ratio of investments of A, B and C is 8000 : 10000 : 12000 = 4 : 5 : 6
And also given that, profit share of B is Rs. 1500
$\Rightarrow$ 5 parts out of 15 parts is Rs. 1500
Now, required difference is 6 - 4 = 2 parts
Required difference = 2/5 (1500) = Rs. 600
Ratio of investments of A, B and C is 8000 : 10000 : 12000 = 4 : 5 : 6
And also given that, profit share of B is Rs. 1500
$\Rightarrow$ 5 parts out of 15 parts is Rs. 1500
Now, required difference is 6 - 4 = 2 parts
Required difference = 2/5 (1500) = Rs. 600