Partnership Ques 30

Question

A starts a business with Rs.40,000 capital. After 2 months, B joined him with Rs. 60,000 capital. C joined with them after some more time with Rs. 1,20,000 capital. At the end of the year, out of a total profit of Rs. 3,75,000, $C$ gets Rs. $1,50,000$ as his share. After how many months, of $B$ joining the business did the partner $C$ join?

(1) 4 months

(2) 6 months

(3) 3 months

(4) 5 months

(5) 2 months

(IBPS Bank PO/MT CWE (Main Exam))

Show Answer

Answer: (1)

Solution: (1)

Let $C$ remain in the business for $x$ months

Profit ratio of A, B and C $=(40000 \times 12):(60000 \times 10)$ : $(120000 \times x)$

$=4: 5: x$

C’s share.

$\left(\frac{3,75,000 x}{9+x}\right)=1,50,000$

$\Rightarrow \left(\frac{375 x}{9+x}\right)=150$

$\Rightarrow 375 x=1350+150 x$

$\Rightarrow 225 x=1350$

$x=6$ months

$\therefore$ Required answer $=4$ months