Partnership Ques 14
Question
A, B and C invested Rs. 45,000, Rs. 90,000 and Rs. 90,000 respectively to start a business. At the end of two years, they earned a profit of Rs. 1, 64,000. What will be B’s share in the total profit?
(1) Rs. 56,000
(2) Rs. 36,000
(3) Rs. 72,000
(4) Rs. 64,000
(5) Rs. 65600
(Indian Bank PO (Pre.) Exam, 21.01.2017 (2nd Sitting))
Show Answer
Answer: (5)
Solution: (5)
Profit ratio of A , B and C $=$ $45000 \times 24: 90000 \times 24$ : $90000 \times 24$ $=1: 2: 2$
Sum of the ratios $=1+2+2=5$
$\therefore$ B’s share $=$ Rs. $\left(\frac{2}{5} \times 164000\right)$ $=$ Rs. 65600