A, B, and C form a partnership by investing Rs. 35,000, Rs. 45,000, and Rs. 55,000 respectively. If the total annual profit is Rs. 40,500, what are the individual profit shares of A, B, and C?
Explanation
The investments of A, B, and C are in the ratio 35,000 : 45,000 : 55,000, which simplifies to 7 : 9 : 11. The total profit of Rs. 40,500 is divided according to this ratio. Therefore, A's share is (7/27) × 40,500 = Rs. 10,500; B's share is (9/27) × 40,500 = Rs. 13,500; and C's share is (11/27) × 40,500 = Rs. 16,500.