Ninad, Vikas and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount invested by Ninad after 6 months and Manav invest thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45,000 at the end of the year. What is Manav's share in the profit?
Solution
Correct Answer: Option B
According to the law of partnership-
Ratio of profit of Ninad, Manav and Vikas
= (1 × 12) : (2 × 6) : (3 × 4)
= 1 : 1 : 1
∴ Manav's share \(= 45000 \times {\rm{\;}}\frac{1}{3} = Rs.15000\)
Hence, the required answer is Rs 15,000,
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