Question | A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A. | |
Type | multiple_choice | |
Option | Rs. 9000 | correct |
Option | Rs. 9500 | incorrect |
Option | Rs. 8000 | incorrect |
Option | Rs. 8500 | incorrect |
A’s capital be C1= 35000
B’s capital be C2= 25000
C’s capital be C3= 10000
Profit = 18000
T1=T2=T3 Apply formula:
Solution 2:
Ratio of their profits;
Profit of A: Profit of B: Profit of C = C1*T1: C2*T2:C3*T3
Time is same for A, B and C.
So, Profit of A: Profit of B: Profit of C = C1: C2: C3
= 35000:25000:10000
= 7:5:2
A’s share = (A’s ratio/ sum of all three ratios)* total profit