ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      'A' and 'B' began a business with investments of Rs.

      8,000 and Rs. 15,500, respectively. After five months, 'A' increased his investment by 50%, while 'B' reduced his investment by Rs. 3,100. At the end of the year, the total profit earned by the business was Rs. 55,800. What is the profit share of 'A'?
      A Rs. 27,400 Correct Answer Incorrect Answer
      B Rs. 22,240 Correct Answer Incorrect Answer
      C Rs. 24,000 Correct Answer Incorrect Answer
      D Rs. 21,450 Correct Answer Incorrect Answer

      Solution

      Ratio of profit shares of 'A' and 'B' at the end of the year = {8000 X 5 + (8000 X 7 X 1.5)}:{15500 X 5 + 12400 X 7} = {40000 + 84000}: {77500 + 86800} = 124000:164300 = 40:53 So, profit share of 'A' = 55800 X (40/93) = Rs. 24,000

      Practice Next
      More Partnership Questions
      ask-question