Question

A, B and C enter into a partnership. They invest Rs 40,000 Rs. 1,20,000 and Rs.1,20,000 respectively. At the end of the first year, B withdraws Rs.40,000, while at the end of the second year, C withdraws Rs.80,000, In what ratio will the profit be shared at the end of 3 years?

• A. 2 : 3 : 5
• B. 3 : 7 : 7
• C. 4 : 5 : 9
• D. None of these

Answer 1

The correct option is B 3 : 7 : 7

A's share=$40,000\times 36=1440000$
B's share=$1,20,000\times 12+80,000\times 24$
$1440000+1920000=3360000$
C's share=$1,20,000\times 24+40,000\times 12$
$=2880000+480000=3360000$
$ratio=A:B:C$
$1440000:3360000:3360000$
$144:336:336$
$3:7:7$