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

    Question

    'Aman', 'Bittu' and 'Charu' started a business together

    such that 'Aman' invested a 40% of the total capital invested by 'Aman', 'Bittu' and 'Charu' together, 'Bittu' invested 40% of the remaining capital and 'Charu' invested the rest, then determine the profit share of 'Charu' given that the business earned a profit of Rs. 2,25,000 at the end of the year. 
    A Rs.45,500 Correct Answer Incorrect Answer
    B Rs.61,000 Correct Answer Incorrect Answer
    C Rs.81,000 Correct Answer Incorrect Answer
    D Rs.91,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the Aman, Bittu and Charu can be defined as A, B and C respectively. Let the total capital invested by 'A', 'B' and 'C' together be Rs. '100x' So, capital invested by 'A' = 100x X 0.4 = Rs. '40x' And, capital invested by 'B' = (100x - 40x) X 0.4 = Rs. '24x' And, capital invested by 'C' = 100x - 40x - 24x = Rs. '36x' Ratio of profit share of 'A', 'B' and 'C' = {40x X 12}:{24x X 12}:{36x X 12} = 10:6:9 So, profit share of 'C' = 225000 X (9/25) = Rs. 81,000

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question