Partnership Practice Test 2

Question : 29 of 40

Marks: +1, -0

X, Y and Z enter into partnership. X invests 4 times as much as Y and Y invests three- fourths of what Z invests. At the end of the year, the profit earned is Rs 8,835. What is the share of Y?

Rs 1,395
Rs 1,300
Rs 400
Rs 1,200
Rs 1,500

Validate

Solution:

Let Z’s capital = Rs x
Then, Y’s capital =

3/4×x

= Rs

3/4x

And, X’s capital

=4×3/4x=3x

Ratio of their capitals

= 3x:3/4x:x

= 12 : 3 : 4
Thus, Y’s share = Rs

3 /19× 8,835

= Rs 1,395

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