Practicing Success
A, B and C entered into a partnership. A invested Rs. 2,560 and B invested Rs. 2,000. At the end of the year, they gained Rs. 1,105 out of which A got Rs. 320. C’s capital was: |
Rs. 4,280 Rs. 2,840 Rs. 4,820 Rs. 4,028 |
Rs. 4,280 |
Investment ratio is directly proportional to profit ratio if time is same. Here, Investment ⇒ A : B : C = 2560 : 2000 : x Profit ratio ⇒ A : B : C = 320 : 250 : \(\frac{x}{8}\) ATQ, A's profit = 320 B's profit = 250 hence C's profit = 1105 - 320 - 250 = Rs.535 C's profit = \(\frac{x}{8}\) = 535 x = 535 × 8 = Rs.4280 |