Partnership Ques 33
Question
Geeta, Shweta and Sita started a business with investment of $ \text{₹} 4200$, ₹ 8400 and ₹ 5400 respectively. In the end of the year, there was a profit of ₹ 24000 . Sita invested $32 \%$ of her share in profit in the business. The remaining amount of profit with Sita is
(1) ₹ 4986
(2) ₹ 4689
(3) ₹ 4886
(4) ₹ 4896
(5) None of these
(Corporation Bank Specialist Officer (Marketing) Exam. 22.02.2014)
Show Answer
Answer: (4)
Solution: (4)
Share of profit = Geeta : Shweta : Sita $=4200: 8400: 5400$
$=7: 14: 9$
Sita’s share $=\frac{9}{(7+14+9)} \times 24000$
$=\frac{9}{30} \times 24000= \text{₹} 7200$
Remaining amount after investing $32 \%=7200 \times(100-32) \%$
$=\frac{7200 \times 68}{100}= \text{₹} 4896$
BETA
