Question

'A' and 'B' started a business by investing Rs. 4,000 and Rs. 6,000, respectively. Six months later, 'C' joined by investing Rs. 'P'. If at the end of the year, the profit was divided among 'A', 'B' and 'C' in ratio 4:6:5, respectively, then find the value of 'P'.

A 8000 Correct Answer Incorrect Answer
B 10000 Correct Answer Incorrect Answer
C 12000 Correct Answer Incorrect Answer
D 15000 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Ratio of profit shares of 'A', 'B' and 'C' at the end of the year = (4000 * 12) : (6000 * 12) : (6 * P) = 8000 : 12000 : P ATQ: (12000/P) = (6/5) Or, (12000/P) = (6/5) Or, 60000 = 6P So, P = 10000

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