Partnership Ques 35
Question
A and B started a business with B’s investment being twice of A’s investment. At the end of 8th month from the start of the business. A and B left and C joined with an investment which was twice of B’s investment. If the total annual profit earned was Rs. 20,800 , what was B’s share in the profit?
(1) Rs. 6640
(2) Rs. 8320
(3) Rs. 8230
(4) Rs. 7450
(5) Rs. 8400
(Indian Bank Specialist Officer SO Exam, 08.03.2020)
Show Answer
Answer: (2)
Solution: (2)
Profit ratio of A, B and C $=x \times 8: 2 x \times 8: 2 \times 2 x \times 4$ $=1: 2: 2$
Sum of the ratios $=1+2+2=5$
$\therefore$ B’s share $=$ Rs. $\left(\frac{2}{5} \times 20800\right)$ $=$ Rs. 8320