Question

A started a trading firm by investing `10 lakhs. After 4 months, B joined the business by investing `15 lakhs then 2 months after B joined C too joined them by investing `20 lakhs. 1 year after A started the business they made `6,00,000 in profit. What is C's share of the profit (in `) ?

• A. 2,00,000
• B. 1,00,000
• C. 1,50,000
• D. 3,00,000

Answer 1

Answer: (A)