Partnership Practice Test 2

Question : 40 of 40

Marks: +1, -0

Raghu, Mani and Gurpreet enter into a partnership by investing a sum in the ratio of 5 : 4 : 3. After one year, Mani invests another Rs 5,400 and Gurpreet, at the end of 2 years also invests Rs 5,400. At the end of three years, profits are shared in the ratio of 7 : 8 : 6. Find the initial investment of each.

Rs 10,500, Rs 8,400, Rs 6,300
Rs 10,000, Rs 8,000, Rs 6,000
Rs 2,700, Rs 5,400, Rs 2,600
Rs 800, Rs 900, Rs 100
None of these

Validate

Solution:

Let their initial investments be Rs 5x, Rs 4x and Rs 3x respectively,
Then

⇒(5x+36):[(4x×12)+(4x×5,400)×12]

[(3x× 24)+ (3x+ 5,400)× 12] =7 : 8 : 6

{180x}/{144x+1,29,600}=7/8

1,440x = 1,008x + 9,07,200

432x = 9,07,200

x = 2,100

The initial investment of Raghu, Mani and Gurpreet is (4 × 2,100) and (3 × 2,100) respectively.
Hence, initial investment of each is Rs 10,500, Rs 8400 and Rs 6300

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