New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A and B started a partnership business investing in the

    ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their profit (in Rs) at the end of the year if C got Rs 24,000 as his share?
    A 120000 Correct Answer Incorrect Answer
    B 150000 Correct Answer Incorrect Answer
    C 90000 Correct Answer Incorrect Answer
    D 180000 Correct Answer Incorrect Answer

    Solution

    Let the investment of A and B be 3x and 8x Investment of C =(3/4)8x =6x Ratio of their profits will be 3x*12:8x*12:6x*8 =3:8:4 C's share=24000 (4/15)*x=24000 x=90000

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