Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

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:

Options:

8000 , 9000 , 12000

18000 , 16000 , 24000

16000 , 18000 , 24000

24000 , 18000 , 16000

Correct Answer:

16000 , 18000 , 24000

Explanation:

                       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 ⇒ â‚¹16000, ₹18000, ₹24000