πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    Three people – R, S and T – began a partnership. R

    invested 35% more than T, and S invested 65% more than T. If the total yearly profit is Rs. 28000, what is the share of S?
    A Rs.15011 Correct Answer Incorrect Answer
    B Rs.11550 Correct Answer Incorrect Answer
    C Rs.17212 Correct Answer Incorrect Answer
    D Rs.16138 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let T’s investment be Rs. β€˜x’

    Then, R’s investment = Rs. β€˜1.35x’, S’s investment = Rs. β€˜1.65x’

    Profit sharing ratio of R : S : T = 1.35x : 1.65x : x = 27 : 33 : 20

    S's share = (33 / (27 + 33 + 20)) Γ— 28000 = (33 / 80) Γ— 28000 = Rs. 11550

    Practice Next
    ask-question