A began a business by investing Rs. 70,000. After six months, B joined with an investment of Rs. 1,20,000. If the total profit at the end of one year amounts to Rs. 52,000, what is B's portion of the profit?
Explanation
The investment ratio of A to B is calculated as (70,000 × 12) : (1,20,000 × 6) = 7 : 6. The total profit is Rs. 52,000. Therefore, B's share is (6/13) × 52,000 = Rs. 24,000.