New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A, B and C started a business by investing in the ratio

    1/5 : 1/4 : 2/6. After 6 months C withdrew 1/4 of his investment. If after 1 year from start of business A and B got a share of Rs 54,000 out of the total profit, then find the share of C?
    A Rs. 35500 Correct Answer Incorrect Answer
    B Rs. 35750 Correct Answer Incorrect Answer
    C Rs. 35080 Correct Answer Incorrect Answer
    D Rs. 35000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Investments of A : B : C = 1/5 : 1/4 : 2/6 = 12 : 15 : 20 After 6 months C withdrew 1/4, so 1/4 × 20 = 5, so he invested = 20 - 5 = 15 (for another 6 months) So, now ratio of shares of A : B : C is 12 × 12 : 15 × 12 : 20 × 6 + 15 × 6 = 24 : 30 : 35 So ATQ, Share of A & B = 24 + 30 = 54 units 54 units => 54000 So, 1 unit = Rs. 1000 So, Share of C = 35 units = 35 × 1000 = Rs. 35000

    Practice Next

    Relevant for Exams: