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 $=\frac{30}{128} \times 11960 \approx ₹ 2803$