Partnership Ques 20

Question

A and B started a business with Rs. 72000 and Rs. 60000 respectively. After 4 months, $C$ replaced B with $x \%$ of B’s capital. After 1 year C’s share of profit out of the total profit of Rs. 48000 is Rs. 11200 . Find the value of $x$.

(1) 63

(2) 70

(3) 72

(4) 68

(5) 71

(IBPS RRBs Officer CWE (Main Exam) 05.11.2017)

Show Answer

Answer: (2)

Solution: (2)

Ratio of the profit’s of A, B and C $= 72000 \times 12: 60000 \times 4: 600 x$ $\times 8$

$=720 \times 12: 600 \times 4: 48 x$ $=180: 50: x$

Sum of the ratios $=180+50+x=230+x$

$\therefore$ C’s share $=\frac{x}{230+x} \times 48000$

$\Rightarrow \frac{x}{230+x} \times 48000=11200$

$\Rightarrow \frac{30 x}{230+x}=7$

$\Rightarrow 30 x=1610+7 x$

$\Rightarrow 30 x-7 x=1610$

$\Rightarrow 23 x=1610$

$\Rightarrow x=\frac{1610}{23}=70 \%$