Ram, Shyam and Kamal together start a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit be ₹ 21000, what will be Kamal's share in this profit?
Correct Answer: ₹ 10500
Explanation:
Given ratio of profits of Ram, Shyam and Kamal = Ratio of their capitals
= 3 : 4 : 7 Kamal's share = [7/(3 + 4 + 7)] x 21000
= 7 x 1500 = ₹ 10500
