A and B each invest Rs. 10,000, with A's investment lasting 8 months and B's investment continuing for the entire 12 months. If the total profit after one year is Rs. 25,000, what are their respective profit shares?
Explanation
The profit-sharing ratio is based on the product of investment amount and time. For A and B, the ratio is 10,000 × 8 months to 10,000 × 12 months, simplifying to 8:12 or 2:3. Therefore, A's share of the Rs. 25,000 profit is (2/5) × 25,000 = Rs. 10,000, and B's share is (3/5) × 25,000 = Rs. 15,000.