Sam invested Rs.7000 in a shop and Gupta joined him after 4 months by investing Rs.3000. After one year if the net profit be Rs.13500, then Gupta’s share in the profit is

Explanation:

Sam’s investment for 12 months = 12×7000=Rs.84000

Gupta’s investment for 8 months = 8×3000=Rs.24000

Ratio of share : Ratio of investment = 84000 : 24000 = 84 : 24 = 7 : 2

Total profit = Rs.13500

Gupta’s share = 13500× 2\9 = Rs.3000