Partnership Ques 2
Question
A started a business. After 4 months from the start of the business, $B$ and $C$ joined. The respective ratio between the investments of $A, B$ and $C$ was $4: 6$ : $5$. If A’s share in annual profit was Rs. 250 more than C’s share, what was the total annual profit earned?
(1) Rs. 3740
(2) Rs. 3910
(3) Rs. 4250
(4) Rs. 4350
(5) None of these
(IBPS Bank PO/MT CWE-V (Preliminary) 03.10.2015)
Show Answer
Answer: (3)
Solution: (3)
Profit ratio of A, B and C $=(12 \times 4):(6 \times 8):(5 \times 8)$
$=48: 48: 40=6: 6: 5$
Sum of ratios $=6+6+5=17$
If total annual profit be 17 unit, then
A’s share - C’s share $=250$
$\Rightarrow (6-5) unit= 250$
$\Rightarrow 1 unit= 250$
So, total profit = 17 unit = 17 $\times$ 250 = Rs.4250
BETA
