Question
‘A’, ‘B’ and ‘C’ entered into a partnership
by making investments in the ratio 5:2:9, respectively. At end of the year, if the difference between the profits received by ‘A’ and ‘C’ is Rs. 1500 then find the profit share of ‘B’.Solution
According to the question, Ratio of profits received by ‘A’, ‘B’ and ‘C’ = 5:2:9 Therefore, profit share of ‘B’ = 1500 × {2/(9 – 5)} = Rs. 750
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