A and B are two partners start a business by investing of Rs. 25,000 and 35,000 respectively. But C joins the business on a condition that they will distribute the profit equally and for that C gives Rs. 2,20,000 to A and B. Find how much amount A will receive from C.
Answer & explanation
Correct answer: option 1
A : B : C
Capital: 25000 : 35000
Capital : 5 : 7 : --- = 12R
Old Profit: 5 : 7 : --- = 12R
New Profit: 4 : 4 : 4 = 12R
Here,
A's profit decreased by = 1R and
B's profit decreased by = 3R
Total Decreased = 1 + 3 = 4R
For that loss C gives Rs.2,20,000 to A and B.
Therefore,
4R = 220000
1R = 55000
A will receive = 1R = Rs.55,000