Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A and B invested in a scheme in the ratio of 2 : 3. If at the end of the year, the total profit was Rs.4500 out of which, A takes Rs.1500 as an active partner. The remaining profit was distributed between them according to investment. Find the share of A.

Options:

2700

3000

1800

2400

Correct Answer:

2700

Explanation:

Total profit = 4500

Extra taken by A = 1500

Remaining profit = 4500 - 1500 = 3000

*If time is same then investment ratio becomes profit ratio*

            A    :   B

Profit:  2    :   3  = 5R

⇒ 5R = 3000

⇒ 1R = 600

A's Profit = 2R = 2 × 600 = 1200

A' s total profit = 1200 + 1500 = 2700