K and L start a business jointly. L invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B ?

K and L start a business jointly. L invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B ?

A Rs. 9040

B Rs. 10,400

C Rs. 12,800

D Rs. 6350

Solution

Correct Answer: Option C

16x8 : Px4 = 5:2

P = 12.8 => Rs.12,800