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

    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. 1600 then find the profit share of ‘B’.
    A Rs. 850 Correct Answer Incorrect Answer
    B Rs. 820 Correct Answer Incorrect Answer
    C Rs. 800 Correct Answer Incorrect Answer
    D Rs. 830 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the question, Ratio of profits received by ‘A’, ‘B’ and ‘C’ = 5:2:9 Therefore, profit share of ‘B’ = 1600 × {2/(9 – 5)} = Rs. 800

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