Partnership Ques 27
Question
$A$ and $B$ entered into a partnership by investing some amounts. The investment of $A$ is twice of the investment of B. Another person $C$ joined them after 4 months. At the end of a year, the profit shares of $A$ and $C$ are equal. Find the profit share of $B$ is what per cent of the profit share of $C$ ?
(1) $50 \%$
(2) $33 \frac{1}{3} \%$
(3) $40 \%$
(4) $60 \%$
(5) $75 \%$
(IBPS RRBs Officer CWE (Prelim Exam) 18.08.2018)
Show Answer
Answer: (1)
Solution: (1)
B’s investment = Rs. $x$
$\therefore$ A’s investment $=$ Rs. $2 x$
Shares of $A$ and $C$ are equal.
If the investment of $C$ be Rs. $y$, then
$2 x \times 12=y \times 8$
$\Rightarrow y=\frac{2 x \times 12}{8}=$ Rs. $3 x$
$\therefore$ Profit ratio of A , B and C $=2 x \times 12: x \times 12: 3 x \times 8$ $=2: 1: 2$
$\therefore$ Required per cent $=\frac{1}{2} \times 100=50 \%$