Question
A, B and C invested in partnership. A invest Rs.5000 for
4 months, B invests Rs.2000 for 2 months and C invests Rs.8000 for 2 months. C is working partner so he will get 10% extra of total profit. Find profit share of C if total profit at the end of the year is Rs.8200.Solution
Ratio of profit share of A, B and C = 5000 x 4 + 2000 x 2 + 8000 x 2 = 5:1:4 Profit share of C out of total profit = [8200 x (10/100)] + [8200 x (90/100) x (4/10)] = Rs.3772
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