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Question
A, B and C start a partnership business by investing in the ratio 4:5:3. It was agreed that (1/3)rd of the profit would be divided equally, and the remaining proportionately. What is B's share in a profit of Rs. 18000?
A
Rs. 7000.
B
Rs. 7100.
C
Rs. 6900.
D
Rs. 7200.
Soln.
Ans: a
Ans: a
Profit to be proportioned is $(2 × 18000)/3$ = 12000. B's share in this is $(5 × 12000)/(4 + 5 + 3)$ = Rs. 5000. To this add 1/9 of the profit = 18000/9 = 2000. The total share = Rs. 7000.