New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    ‘A’, ‘B’ and ‘C’ entered into a partnership

    by making investments in the ratio 5:8:9, respectively. At end of the year, if the difference between the profits received by ‘A’ and ‘C’ is Rs. 1800 then find the profit share of ‘B’.
    A Rs. 3600 Correct Answer Incorrect Answer
    B Rs. 3500 Correct Answer Incorrect Answer
    C Rs. 3400 Correct Answer Incorrect Answer
    D Rs. 3200 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’ = 5:8:9 Therefore, profit share of ‘B’ = 1800 × {8/(9 – 5)} = Rs. 3600

    Practice Next