A- B- C- and D enter into a partnership- A contributes 1-3 of the capital- B contributes 1-4- C contributes 1-5 and D contributes the rest- What is the share of D when profit is Rs 6000 -

The correct option is C Rs 1300D's capital = 1 1/3 1/4 1/5 = 13/60 Profit ratio of A, B, C, D = 1/3 : 1/4 : 1/5 : 13/60 ⇒ 20:15:12:13 ∴ Share of D = 13/6 ...

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Byju's Answer

Standard XII

Accountancy

Goodwill Valuation (Retirement)

A, B, C, and ...

Question

A, B, C, and D enter into a partnership. A contributes $\frac{1}{3}$ of the capital, B contributes $\frac{1}{4}$ , C contributes $\frac{1}{5}$ and D contributes the rest. What is the share of D when profit is Rs 6000?

Rs 2000

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Rs 1600

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Rs 1200

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Rs 1300

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None of these

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Solution

The correct option is D Rs 1300
D's capital $= 1 - \frac{1}{3} - \frac{1}{4} - \frac{1}{5} = \frac{13}{60}$
Profit ratio of $A, B, C, D = \frac{1}{3} : \frac{1}{4} : \frac{1}{5} : \frac{13}{60}$
$\Rightarrow 20 : 15 : 12 : 13$
$∴$ Share of $D = \frac{13}{60} \times R s 1300$

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A, B, C, and D enter into a partnership. A contributes 13 of the capital, B contributes 14, C contributes 15 and D contributes the rest. What is the share of D when profit is Rs 6000?

The correct option is D Rs 1300D's capital =1−13−14−15=1360 Profit ratio of A,B,C,D=13:14:15:1360 ⇒20:15:12:13 ∴ Share of D=1360×Rs 1300

A, B, C, and D enter into a partnership. A contributes $\frac{1}{3}$ of the capital, B contributes $\frac{1}{4}$ , C contributes $\frac{1}{5}$ and D contributes the rest. What is the share of D when profit is Rs 6000?

The correct option is D Rs 1300
D's capital $= 1 - \frac{1}{3} - \frac{1}{4} - \frac{1}{5} = \frac{13}{60}$
Profit ratio of $A, B, C, D = \frac{1}{3} : \frac{1}{4} : \frac{1}{5} : \frac{13}{60}$
$\Rightarrow 20 : 15 : 12 : 13$
$∴$ Share of $D = \frac{13}{60} \times R s 1300$