Partnership Ques 22

Question

Three men A, B and C start a business together. They invest $ \text{₹} 30000$, ₹ 24000 and $ \text{₹} 42000$ respectively in the beginning. After 4 months. B took out ₹ 6000 and $C$ took out $ \text{₹} 10000$. They get a profit of ₹ 11960 at the end of the year. B’s share in the profit is

(1) ₹ 2700

(2) ₹ 2803

(3) ₹ 2900

(4) ₹ 2785

(5) None of these

(IBPS Bank PO/MT CWE-III 26.10.2013)

Show Answer

Answer: (2)

Solution: (2)

Profit ratio of A , B and C $= 30000 \times 12:(24000 \times 4+$ $18000 \times 8)$ $:(42000 \times 4+32000 \times 8)$

$=360000: 240000: 424000$

$=90: 60: 106=45: 30: 53$

Sum of ratios $=45+30+53=$ 128

$\therefore$ B’s share $=\frac{30}{128} \times 11960 \approx ₹ 2803$