A , B and C enter into a partnership investing ₹8000, ₹9000 and ₹12000 respectively. The respective shares of A , B and C in an annual profit of ₹58000 are:
Answer & explanation
Correct answer: option 3
A : B : C
Inv. : 8000 : 9000 : 12000
Inv. : 8 : 9 : 12
Profit : 8 : 9 : 12 → 29R
*(Note: if time is same, Investment ratio becomes profit ratio)*
ATQ,
29R = 58000
1R = 2000
Hence,
Share of A = 8R = 8 × 2000 = 16000
Share of B = 9R = 9 × 2000 = 18000
Share of C = 12R = 12 × 2000 = 24000
Therefore,
Shares are ⇒ ₹16000, ₹18000, ₹24000