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    Question

    'A', 'B' and 'C' started a business together such that

    'A' invested a 35% of the total capital invested by 'A', 'B' and 'C' together, 'B' invested 40% of the remaining capital and 'C' invested the rest, then find the profit share of 'C' given that the business earned a profit of Rs. 2,60,000 at the end of the year.
    A Rs. 91,000 Correct Answer Incorrect Answer
    B Rs. 88,400 Correct Answer Incorrect Answer
    C Rs. 1,01,400 Correct Answer Incorrect Answer
    D Rs. 1,04,000 Correct Answer Incorrect Answer
    E Rs. 97,500 Correct Answer Incorrect Answer

    Solution

    Let the total capital invested by 'A', 'B' and 'C' together be Rs. '100x' So, capital invested by 'A' = 100x Γ— 0.35 = Rs. '35x' And, capital invested by 'B' = (100x βˆ’ 35x) Γ— 0.4 = Rs. '26x' And, capital invested by 'C' = 100x βˆ’ 35x βˆ’ 26x = Rs. '39x' Ratio of profit share of 'A', 'B' and 'C' = {35x Γ— 12}:{26x Γ— 12}:{39x Γ— 12} = 35:26:39 So, profit share of 'C' = 2,60,000 Γ— (39/100) = Rs. 1,01,400

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