Partnership Ques 24
Question
$A, B$ and $C$ invested in a business in the ratio $6: 8: 9$. $B$ invested for a period whose numerical value is $112.5 \%$ of A’s investment but $A$ and $C$ invested for one year. If profit of $B$ at the end of the year is Rs. 16750 then what is the share of $C$ in the annual profit? (In Rs.)
(1) 20225
(2) 22,125
(3) 25,225
(4) 25,125
(5) 23125
(IBPS Bank PO/MT CWE-VII (Prelim Exam) 15.10.2017)
Show Answer
Answer: (4)
Solution: (4)
Period of $B$’s investment $=\frac{8 \times 112.5}{100}=9$ months
$\therefore$ Profit ratio of A, B and C $=6 \times 12: 8 \times 9: 9 \times 12$ $=2: 2: 3$
$\therefore$ B’s share $=$ Rs. 16750
$\therefore$ C’s share is 1000 $=$ Rs. $\left(\frac{3}{2} \times 16750\right)=$ Rs. 25125
BETA
