Partnership Practice Test 1

Question : 28 of 40

Marks: +1, -0

A, B and C enter into a partnership in the ratio of

7/2:4/3:6/5 .

After 4 months, A increase his share by 50%. If the total profit at the end of one year is Rs. 21,600, then B's share in the profit is:

Solution:

Ratio of their initial capitals

= 7/2:4/3:6/5

= 105 : 40 : 36
Ratio of their capitals on which profit will be divided
= (105 × 4 +

150/100

× 105 × 8) : (40 × 12) : (36 × 12)
= 35 : 10 : 9
Hence, B's profit =

10/54 × 21600

= Rs. 4000

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