1.

Three partners invested in the ratio 4 : 6 : 9 for 3 years, 1 year and 4 years respectively. The total profit was 180000. What is the profit share of B?1. 180002. 200003. 220004. 16000

Answer» Correct Answer - Option 2 : 20000

Given:

Three partners invested in the ratio 4 : 6 : 9 for 3 years, 1 year and 4 years respectively. The total profit was 180000.

Formula:

Ratio of Profit = ratios of product of Amount invested and time

Calculation:

Let the investments by A , B and C be 4x, 6x and 9x respectively

Ratio of profit = amount × time

Ratio of profits of A, B and C = 4x × 3 : 6x × 1 : 9x × 4 = 2x : x : 6x

Profit of B = x/9x × profit = 1/9 × 180000 = 20000



Discussion

No Comment Found

Related InterviewSolutions