📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Amit and Bittu entered into a business with initial

    investment of Rs 420 and Rs 360 individually. After 5 months, Amit add on 180 more while Bittu withdraw out Rs 60. If total profit received at the end of 10 months is Rs 1960, then what will be the difference between profit equity of A and B.
    A Rs.425 Correct Answer Incorrect Answer
    B Rs.340 Correct Answer Incorrect Answer
    C Rs.400 Correct Answer Incorrect Answer
    D Rs.420 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, we can say that Ratio of profit  is = 17unit : 11 unit So we can conclude that  28 units is = Rs 1960  So, 1 unit = 70  Therefore , 6 units value will be = 6 x 70 = Rs.420 hence, the Required profit is = Rs 420

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question