Discussion of Question with ID = 054 under Partnerships

This is the discussion forum for this question. If you find any mistakes in the solution, or if you have a better solution, then this is the right place to discuss. A healthy discussion helps all of us, so you are requested to be polite and soft, even if you disagree with the views of others. The question and its current solution has also been given on this page.

Advertisement

Question

During the first 4 months the investments of A and B were in the ratio 1:3. For the remaining months the investments were in the ratio 3:1. What will be the share of A in an annual profit of Rs. 2400?

A

Rs. 1400.

B

Rs. 1500.

C

Rs. 1300.

D

Rs. 1600.

Soln.
Ans: a

The profits are shared in the ratio of money-months contributed by the partners. Money-months contributed by A are 4 × 1 + 8 × 3 = 28, whereas those by B are 4 × 3 + 8 × 1 = 20. The ratio of these money-months is 7:5. This is the ratio in which the profits would be divided. A's share = 2400 × $7/{7 + 5}$ = Rs. 1400.

Comments and Discussion