A and B started a partnership by investing Rs. 25,000 and Rs. 30,000 respectively. After 4 months, C joined the partnership with an investment of Rs. 35,000. What amount does C receive from an annual profit of Rs. 47,000?

Explanation

The investments multiplied by the time (in months) are: A = 25,000 × 12 = 300,000; B = 30,000 × 12 = 360,000; C = 35,000 × 8 = 280,000. The ratio of their investments is 300,000 : 360,000 : 280,000, which simplifies to 15 : 18 : 14. C's share of the profit is (14/47) × 47,000 = Rs. 14,000.