Partnership Practice Test 3

Question : 12 of 40

Marks: +1, -0

A, B and C subscribe together a sum of Rs 50,000 in a business. A subscribes Rs 4,000 more than B and B subscribes Rs 5,000 more than C. Out of the total profit of Rs 35,000, A receives the sum of:

Rs 8,500
Rs 11,998
Rs 12,600
Rs 14,700

Validate

Solution:

Total investment of A, B and C = 50,000

\table \Share \of ,\C ,\B ,\A;x, x + 5,000 ,x + 5000 + 4000;\Share, 12000 ,17000 ,21000

Now

x+x+5,000+x+ 9,000 =50,000

3x+ 14,000 =50,000

x = 12,000

Ratio of share of A : B : C
12,000 : 17,000 : 21,000
12 : 17 : 21
Total Profit = 35,000

12x+ 17x+ 21 x=35,000

x = 700

So, A’s profit = 21x = 21 × 700 = Rs 14,700

Go to Question:

Prev Question

Next Question