Partnerships Questions
Question
A started a business. After 4 months from the start of the business, B and C joined. The respective ratio between the investments of A, B and C was 4:6:5. If A's share in annual profit was Rs.250 more than C's share. What was the total annual profit earned ?
Solution
Ratio of the equivalent capitals of A, B and C for 1 month
= (12 x 4) : (6 x 8) : ( 5 x 8) = 48 : 48 : 40
= 6 : 6 : 5
Sum of ratios = 6 + 6 + 5 = 17
If total annual profit be Rs.x then
A's share - C's share = 250
=> 6x/17 - 5x/17 = 250
=> x/17 = 250
=> x= 17 x 250 = Rs. 4250
Comments
What Type of tution you want
