Partnership Practice Test 2

Question : 20 of 40

Marks: +1, -0

Ratan, Nita and Madhur enter into a partnership in the ratio of

2/5:3/4:4/5

After 4 months, Ratan increased his share by 50%. What is Nita’s share, if the total profit at the end of the year is Rs 8,750?

Solution:

Ratio of investment

=2/5:3/4:4/5

= 8 : 15 : 16
Then,

(8x×4+150/100×8x×8):

(15x×12)

:(16x×12)

= 32x + 96x : 180x : 192x
= 128 : 180 : 192
= 32 : 45 : 48
Thus, Nita’s share

=45/125×8750=3150

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