Partnership Ques 9
Question
$A$ starts a business with Rs. 2500. After one month from the start of the business, $B$ joined with Rs. 4500 and $A$ withdrew completely after eleven months from the start of the business. If the difference between $A$’s and $B$’s respective shares in the annual profit was Rs. 4800, what was the annual profit earned?
(1) Rs. 14800
(2) Rs. 16800
(3) Rs. 14400
(4) Rs. 11400
(5) Rs. 15600
(IBPS RRBs Officer CWE (Pre.) 14.11.2016 (Shift-I))
Show Answer
Answer: (2)
Solution: (2)
Profit ratio of A and B $=2500 \times 11: 4500 \times 11$ $=5: 9$
Sum of the ratios $=5+9=14$
If total annual profit is 14 units, then
Difference between A’s and B’s shares = Rs.4800
=(9-5) unit = Rs.4800
=4 units = Rs.4800
Total profit = 14 unit = $(\frac{4800 \times 14}{4})$ = Rs. 16800
BETA
