Practicing Success
A, B, C are partners. A receives $\frac{2}{3}$ of the profit, B and C dividing the remainder profit equally. If A's share of profit increased by ₹400 when the rate of profit rises from 5 to 7%. What is the share of B in profit ? |
₹30,000 ₹5,000 ₹6,000 ₹25,000 |
₹5,000 |
Ratio of profit of A : A + B + C = 2 : 3 & B : C = 1 : 1 So, A : B : C = 4 : 1 : 1 According to question , 4R of 7% of profit - 4R of 5% of profit = 400 4R of 2% of profit = 400 1R = 5000 Share of B' profit = 1R = 5000 The correct answer is option (2) : ₹5,000 |