homestay management

Loading

Partnerships Questions

  • Numerical Ability - Partnerships
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?

  • A) 10 : 10 : 9
  • B) 20 : 20 : 19
  • C) 20 : 19 : 18
  • D) Data inadequate
  • E) None of these
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

Comments