Question

A, B and C started a business in partnership by investing Rs. 18000. At the end of a year, A, B and C received Rs. 700, Rs. 500 and Rs. 600 respectively as profit share. Calculate the capital invested by A in the business.

• A. Rs. 8000
• B. Rs. 9000
• C. Rs. 7000
• D. Rs. 2000

Answer 1

The correct option is C

Rs. 7000

Ratio of profit share between A, B and C = 700 : 500 : 600 = 7 : 5 : 6
As they have invested for the same time period, the profit ratio is same as the investment ratio.

$\Rightarrow$ A's share in the investment
= $\frac{7}{7+5+6}\times$ Total investment

= $\frac{7}{18}\times 18000$ = 7000