Partnership Practice Test 1

Question : 5 of 40

Marks: +1, -0

A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew 1/4 of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs. 760. What is the A's share in this profit?

Rs. 430
Rs. 380
Rs. 360
Rs. 330

Validate

Solution:

Ratio of their capitals
= [4 × 3 + (4 –

1/4

× 4) × 7] : [5 × 3 + (5 –

1/5

× 5) × 7]
= 33 : 43
Hence, A's profit =

33/76 × 760

= Rs. 330

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