Mr Shivkumar started a business, investing 25000 in 1996. In 1997 he invested an additional amount of 10000 and Mr Rakesh joined him with an amount of 35000. In 1998, Mr Shivkumar invested another additional amount of 10000 and Mr Suresh joined them with an amount of 35000. What will be Rakesh’s share in the profit of 150000 earned at the end of three years from the start of the business in 1996?  Choose the correct choice from the following answers: A) 70000 B) 50000 C) 45000 D) 75000 E) None of these
Ratio of their investments = 25,000 × 1 + 35000 × 1 + 45000 × 1 : 35000 × 2 : 35000 × 1 = 3 : 2 : 1.   ∴ Rakesh’s share = 2⁄6 × 150000 = 50000   Answer 50000
<result>B</result>
Mr Shivkumar started a business, investing 25000 in 1996. In 1997 he invested an additional amount of 10000 and Mr Rakesh joined him with an amount of 35000. In 1998, Mr Shivkumar invested another additional amount of 10000 and Mr Suresh joined them with an amount of 35000. What will be Rakesh’s share in the profit of 150000 earned at the end of three years from the start of the business in 1996?