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

    Question

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

    'A' invested a 20% of the total capital invested by 'A', 'B' and 'C' together, 'B' invested 25% 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. 1,75,000 at the end of the year.
    A Rs. 70,000 Correct Answer Incorrect Answer
    B Rs. 90,000 Correct Answer Incorrect Answer
    C Rs. 1,05,000 Correct Answer Incorrect Answer
    D Rs. 1,15,000 Correct Answer Incorrect Answer
    E Rs. 95,000 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 × 0.2 = Rs. '20x' And, capital invested by 'B' = (100x − 20x) × 0.25 = Rs. '20x' And, capital invested by 'C' = 100x − 20x − 20x = Rs. '60x' Ratio of profit share of 'A', 'B' and 'C' = {20x × 12}:{20x × 12}:{60x × 12} = 1:1:3 So, profit share of 'C' = 1,75,000 × (3/5) = Rs. 1,05,000

    Practice Next
    More Partnership Questions
    ask-question