Partnership Ques 34
Question
$A$ and $B$ started a business with investments of Rs. 6000 and Rs. 9000 respectively. The time period for which $A$ and $B$ invested was in the respective ratio of 5 : 3. If the annual profit received was Rs. 4370, what was $A’$s share in profit?
(1) Rs. 1700
(2) Rs. 2700
(3) Rs. 1100
(4) Rs. 2300
(5) Rs. 2500
IBPS Bank PO/MT CWE (Prelim Exam) 12.10.2019
Show Answer
Answer: (4)
Solution: (4)
Profit ratio of $A$ and $B=6000 \times 5: 9000 \times 3$
$=10: 9$
Annual profit $=$ Rs. 4370
$\therefore$ $A’$s share $=$ Rs. $\left(\frac{10}{19} \times 4370\right)$ $=$ Rs. 2300
BETA
