A starts an industry with $ 20 lakhs. After 4 months he enters into a partnership with B who contributes $ 40 lakhs. C joins them after another 3 months with a capital of $ 60 lakhs. At the year end, the balance sheet shows a profit of $ 74000. Find the share of A in the profit.

A starts an industry with $ 20 lakhs. After 4 months he enters into a

1.	A starts an industry with $ 20 lakhs. After 4 months he enters into a partnership with B who contributes $ 40 lakhs. C joins them after another 3 months with a capital of $ 60 lakhs. At the year end, the balance sheet shows a profit of $ 74000. Find the share of A in the profit.
A.	$ 32000
B.	$ 24000
C.	$ 18000
D.	$ 16000
Answer» C. $ 18000

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A starts an industry with $ 20 lakhs. After 4 months he enters into a partnership with B who contributes $ 40 lakhs. C joins them after another 3 months with a capital of $ 60 lakhs. At the year end, the balance sheet shows a profit of $ 74000. Find the share of A in the profit.

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