Partnership Practice Test 4

Question : 23 of 26

Marks: +1, -0

Three partners invested a capital in the ratio of 2 : 7 : 9. The time period for which each of them invested was in the ratio of the reciprocals of the amount invested. Find the share of the partner who brought in the highest capital, if the profit is Rs 1,080.

Rs 120
Rs 360
Rs 540
Rs 420

Validate

Solution:

\table ,A,B,C;\Capital ,2,7,9;\Months ,1/2 ,1/7, 1/9

Ratio of profit

=2×1/2:7×1/7:9×1/9

= 1 : 1 : 1
Total profit = Rs 1,080
Share of partner who brought in the highest capital

= 1 /3×1,080 =360

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