📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      A, B and C invest Rs. 40,000, Rs. 60,000 and Rs. 50,000

      respectively in a business. A invests for 12 months, B for 8 months and C for 6 months. If the total profit at the end of the year is Rs. 1,26,000, what is B’s share?
      A 48,700 Correct Answer Incorrect Answer
      B 48,000 Correct Answer Incorrect Answer
      C 38,500 Correct Answer Incorrect Answer
      D 28,720 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Investment × time: A: 40,000 × 12 = 4,80,000 B: 60,000 × 8 = 4,80,000 C: 50,000 × 6 = 3,00,000 Ratio A : B : C = 480 : 480 : 300 = 16 : 16 : 10 Total parts = 42 B’s share = (16/42) × 1,26,000 = (8/21) × 1,26,000 1,26,000 / 21 = 6,000 → B = 8 × 6,000 = 48,000.

      Practice Next
      More Partnership Questions

      Relevant for Exams:

      ask-question