Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A , B and C enter into a partnership investing ₹30000, ₹40000 and ₹50000 respectively. The respective shares of A , B and C in an annual profit of ₹36000 are:

Options:

7000 , 10000 , 15000

7000 , 9000 , 11000

5000 , 7000 , 8000

9000 , 12000 , 15000

Correct Answer:

9000 , 12000 , 15000

Explanation:

                       A        :         B          :         C

Inv.   :        30000      :      40000      :       50000

Inv.   :            6         :          8         :         10

Inv.   :            3         :          4         :          5

Profit :            3         :          4         :          5        → 12R

 *(Note: if time is same, Investment ratio becomes profit ratio)*

ATQ,

12R = 36000

1R = 3000

Hence,

Share of A  = 3R   = 3 × 3000 = 9000

Share of B  = 4R   = 4 × 3000 = 12000

Share of C   = 5R = 5 × 3000 = 15000

Therefore,

Shares are ⇒ ₹9000, ₹12000, ₹15000