Partnerships Questions
Question
A, B and C enter into a partnership. A initially invests Rs.25 lakhs and adds another Rs.10 lakhs after one year. B initially invests Rs.35 lakhs and withdraws Rs.10 lakhs after 2 years and C invests Rs.30 lakhs. In what ratio should the profits be divided at the end of 3 years?
Solution
Option E
A : B : C = (25 lakhs × 1) + (35 lakhs × 2) : (35 lakhs × 2 + 25 lakhs × 1) : (30 lakhs × 3)
= 95 lakhs : 95 lakhs : 90 lakhs = 19 : 19 : 18