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A and B started a business with a total investment of Rs.100000 in the ratio 3 : 2. After 3 months B decided to leave the business with his principle and C decided to join in with the same investment. If, the year-end profit is Rs.30000, find out the difference between B and C’s take home profit.1. 50002. 30003. 60004. 70005. None of these |
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Answer» Correct Answer - Option 3 : 6000 Given: Ratio of A and B’s investment = 3 : 2 Total investment = Rs.100000 Year-end profit = Rs.30000 Formula used: Profit = total profit × (part share / total share) Calculation: Initial investment for A = 100000 × 3/5 = Rs.60000 Initial investment for B = 100000 × 2/5 = Rs.40000 Ratio of their investment = 60000 × 12 : 40000 × 3 : 40000 × (12 - 3) = 6 : 1 : 3 B’s profit = 30000 × 1/10 = Rs.3000 C’s profit = 30000 × 3/10 = Rs.9000 Difference = 9000 – 3000 = Rs.6000 |
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