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Neetha, Sakshi and Sameer are partners in a business. Neetha invests Rs 64, 000 for 9 months, Sakshi invests 48, 000 for 15 months and Sameer invests 12, 000 for 20 months. In what ratios the profit share should be divided ?

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34 : 4 : 2

12 : 15 : 5

16 : 5 : 4

12 : 3 : 4

answer is B.

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Detailed Solution

Solution:

Ratio of partners investment $\Rightarrow$ $64, 000 \times 9 : 48, 000 \times 15 : 12.000 \times 20$

$16 \times 9 : 12 \times 15 : 3 \times 20$

$72 : 90 : 30$

$12 : 15 : 5$

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