Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A.

Options:

9000

8000

8500

9500

Correct Answer:

9000

Explanation:

A's capital be C1= 35000
B's capital be C2= 25000
C's capital be C3= 10000

Ratio of Capital Contribution = 7 : 5 : 2

**When time of investment is same then profit sharing ratio equals to the investment ratio of the partners.

Therefore,

Profit ratio = 7 : 5 : 2 = 14R

ATQ,

Profit = 14R = 18000 ,

Share of A= \(\frac{7}{14}\) × 18000 = 9,000