Question

A and B started a business by investing equal amounts. Four months later, C joins them by investing `3.5 lakhs. By withdrawing his investment in the business B leaves the business after 4 months since C joined. At the end of the year the business makes `62,400 profit out of which A collects `24,000 as his share of profit. How much should be paid to C (in `) as his share of profit?

• A. 16000
• B. 32000
• C. 22400
• D. 27800

Answer 1

Answer: (C)