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

    Question

    A and B enter into a partnership with their initial sum

    of Rs.30000 and Rs.48000 respectively. After 6 months, a third person C also joins them with his initial sum Rs.24000. After a year if total profit is Rs.6000 then find the profit share of B.
    A Rs.2400 Correct Answer Incorrect Answer
    B Rs.2100 Correct Answer Incorrect Answer
    C Rs.3000 Correct Answer Incorrect Answer
    D Rs.3200 Correct Answer Incorrect Answer

    Solution

    Profit of A : B : C = 30000 x 12 : 48000 x 12 : 24000 x 6 = 5:8:2 Therefore, profit of B = (8/15) x 6000 = Rs.3200

    Practice Next

    Relevant for Exams: