Question
A, B, C enter into a partnership investing Rs.35,000, Rs.45,000 and Rs.55,000 respectively. The respective shares of A, B, C in an annual profit of Rs.40,500 are :
Solution
Option A
A : B : C = 35000 : 45000 : 55000 = 7 : 9 : 11
A’s share = Rs. [40500 × 7/27] = Rs.10500
B’s share = Rs. [40500 × 9/27] = Rs.13500
C’s share = Rs. [40500 × 11/27] = Rs.16500
Option A
A : B : C = 35000 : 45000 : 55000 = 7 : 9 : 11
A’s share = Rs. [40500 × 7/27] = Rs.10500
B’s share = Rs. [40500 × 9/27] = Rs.13500
C’s share = Rs. [40500 × 11/27] = Rs.16500
