ABC26GN3256 · Partnership

Subject: General Aptitude · Chapter: Partnership · Exam: 2003 · Marks: · Difficulty:

A and B start a business with investments of ` 5000 and ` 4500 respectively. After 4 months, A takes out half of his capital. After two more months, B takes out one-third of his capital while C joins them with a capital of ` 7000. At the end of a year, they earn a profit of ` 5080. Find the share of each member in the profit.
(a)A – ` 1400, B – ` 1900, C – ` 1780
(b)A – ` 1600, B – ` 1800, C – ` 1680
(c)A – ` 1800, B – ` 1500, C – ` 1780
(d)A – ` 1680, B – ` 1600, C – ` 1800
(e)None of these
Answer
Answer (as printed): B
Explanation
A : B : C $=(5000 \times 4+2500 \times 8):(4500 \times 6+3000 \times 6):(7000 \times 6)=40000: 45000: 42000=40: 45: 42$. $\therefore$ A's share $=₹\left(5080 \times \frac{40}{127}\right)=₹ 1600$; B's share $=₹\left(5080 \times \frac{45}{127}\right)=₹ 1800$; C's share $=₹\left(5080 \times \frac{42}{127}\right)=₹ 1680$.

Explanation as extracted from the printed page; notation may be imperfect.

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