Solution:Let the total work be X
A can do the work in 12 days, So, 1 day work of A = X/12
B can do the work in 24 days, So, 1 day work of B = X/24
Let the Third man complete the work in “Y” days
So, 1 day work of Third man = X/Y
They all start working together and complete the work in 4 days. according to the question:
4 (X/12 + X/24 + X/Y) = X
1/3 + 1/6 + 4/Y = 1
2Y + Y + 24
—————— = 1
6Y
3Y + 24 = 6Y
Y = 8
1 day work of Third man = X/8
Amount of work done by Third man = 4X/8 = X/2
Share of Third man out of 240 = X/2 × 240/X = Rs 120