Question

Q. 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 for an annual profit of Rs 40,500 are:

• A. Rs 10,500, Rs 13,500 Rs 16,500
• B. Rs 11,500, Rs 13,000 Rs 16,000
• C. Rs 11,000, Rs 14,000, Rs 15,500
• D. Rs 11,500, Rs 12,500 Rs 16,500
• E. None of these

Answer 1

The correct option is A Rs 10,500, Rs 13,500 Rs 16,500

Ratio of share of profit = Ratio of investments
$35000:45000:55000=7:9:11\text{A's share}=40500\times \frac{7}{27}=10500\text{B's share}=40500\times \frac{9}{27}=13500\text{C's share}=40500\times \frac{11}{27}=16500$