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Partnership

1. A, B and C are partners of a company. During a particular 2. A, B and C started a business by investing ` 40500, `
year A received one – third of the profit, B received one 45000 and ` 60000 respectively. After 6 months C
– fourth of the profit and C received the remaining ` 5,000. withdrew ` 15000 while A invested ` 4500 more. In annual
How much did A receive ? profit of ` 56100, the share of C will exceed that of A by
(1) ` 5,000 (2) ` 4,000 (1) ` 900 (2) ` 1100
(3) ` 3,000 (4) ` 1,000 (3) ` 3000 (4) ` 3900

HINTS & SOLUTIONS


.ANSWER KEY.
1. (2) 2. (4)

1. (2) According to question, 2. (4) Ratio of equivalent capitals of A, B and C for 1


months = (40500 × 6 + 45000 × 6) : (45000 × 12)
æ 1 1ö
çè1 - - ÷ø Þ ` 5000 : (60000 × 6 + 45000 × 6)
3 4
= (405 + 450) : (450 × 2) : (600 + 450)
= 855 : 900 : 1050 = 171 : 181 : 210
or, æç 12 - 4 - 3 ö÷ Þ ` 5000
è 12 ø = 57 : 60 : 70
Sum the ratios = 57 + 60 + 70 = 187
5
Þ ` 5000 70 - 54
12 Required difference = ´ 56100
187
5000 ´ 12
\1 Þ 13
5 = ´ 56100
184
5000 ´ 12 = ` 3900
\1 Þ = ` 4000
5´3

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