Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A, B and C are three partners in a business. A receives \(\frac{3}{7}\)th part of the total profit and remaining profit is distributed between B and C equally. If profit return will increase from 7% to 12%, then profit of A increase by Rs.450. Find the total profit of B & C.

Options:

Rs. 8250

Rs. 12000

Rs. 11000

Rs. 13000

Correct Answer:

Rs. 12000

Explanation:

Let the total profit = Rs. 700   (so that \(\frac{3}{7}\) can be calculated easily)

Ratio of profit⇒ A : B : C = 300 : 200 : 200

Now, profit return increased by= 12 - 7 = 5%

So, A's profit increased by = 300 × 5 % = 15

ATQ, 15R = 450

1R = 30

Total profit of B and C = 400R = 400 × 30 = 12000/-