Partnership Practice Test 3

Question : 39 of 40

Marks: +1, -0

Rita and Nilam started a workshop jointly by investing Rs. 9000 and Rs. 10500 respectively. After 4 months Nisha joined them by investing Rs. 12500, while Nilam withdrew Rs. 2000. At the end of the year there was a profit of Rs. 4770. Find the share of each.

Rs. 1620, Rs. 1500, Rs. 1400
Rs. 1620, Rs. 1650, Rs. 1500
Rs. 2000, Rs. 1800, Rs, 1500
Rs. 2400, Rs. 1650, Rs. 1500

Validate

Solution:

Ratio of capitals of Rita, Nilam and Nisha
= (9000 × 12) : (10500 × 4 + 8500 × 8) : (12500 × 8)
= 54 : 55 : 50
Rita's profit =

54/159 × 4770

= Rs. 1620;
Nilam's profit =

55/159 × 4770

= Rs. 1650;
Nisha's profit =

50/159 × 4770

= Rs. 1500

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