Question
'A', 'B' and 'C' started a partnership business with capital of Rs. 5000, Rs. 7000 and Rs. 9000 where all three invested for equal time. If the profit earned by 'B' is Rs. 240 less than that earned by 'C', then find the profit share of
A.
Solution
Respective ratio of profit shares of 'A', 'B' and 'C' = 5000:7000:9000
= 5:7:9 Let the total profit be = Rs. 21x ATP, 9x - 7x = 240 2x = 240 x = 120 Profit share of 'A' = 5x = 5 X 120 = Rs. 600
More Partnership Questions
- A started a business with an investment of Rs.18000. After few months B joined him with an investment of Rs.22500. If at the end of the year, they share th...
- 'Amit' and 'Bikash' embarked on a business venture with initial investments of Rs. 20,000 and Rs. 25,000, respectively. After 3 months, 'Chims' entered the...
- A, B and C start a business. A invests Rs. 30,000 for 12 months, B invests Rs. 40,000 for 9 months and C invests Rs. 50,000 for 6 months. If the total prof...
- P started a business investing Rs.10000. After 4 months, Q joined her with the capital of Rs.15000. After another 4 months, R joined them with the capital ...
- A, B and C hired a taxi for Rs. 880 and used it for 2, 3, 5 hours respectively. Hiring charges paid by B are:
- The average cost price of 20 pens (having equal cost price) decreased by Rs.3, when one of the pen is replaced by a new pen having cost price of Rs.60. Fin...
- A and B started a business with investments of Rs. 60,000 and Rs. 80,000 respectively. After 6 months, C joined the business with an investment of Rs. 70,0...
- A and B started a business with investments in the ratio 3:5 respectively. After 5 months, C joined them with an investment 60% more than the investment of...
- A, B and C invest in a partnership in the ratio 7:5:9 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C inve...
- A, B and C hired a taxi for Rs. 760 and used it for 4, 5, 10 hours respectively. Hiring charges paid by B are: