A, B and C are partners in a business. A receives $\frac{3}{5}$ of the total profit while B and C share the remainder equally. A's profit is increased by ₹1,500, when the rate of profit is increased from 10% to 12% in a year. Then, B's share in the total profit is : |
₹2,500 ₹3,000 ₹1,500 ₹1,000 |
₹3,000 |
The correct answer is Option (2) → ₹3,000 Profit at 10% $(P_1)$, $P_1=0.10×T$ [T = Total capital] A's share of this profit, $A_1=\frac{3}{5}×P_1=0.06×T$ Profit at 12% $(P_2)$, $P_2=0.12×T$ A's share of this profit, $A_2=\frac{3}{5}×0.12×T=0.072×T$ Now $A_2-A_1=0.072T-0.06T$ $=0.012T$ $∴0.012T=1500$ $⇒T=\frac{1500}{0.012}=1,25,000$ $∴P=0.12×125000$ $=15000$ $⇒A_{share}=\frac{3}{5}×15000=9000$ $∴B_{share}=\frac{15000-9000}{2}=3,000$ |