SSC Quantitative Aptitude Partnership Question Bank Partnership (II)

  • question_answer
    A, B and C enter into a partnership with shares in the ratio \[\frac{7}{2}:\frac{4}{3}:\frac{6}{5}.\] After 4 months, A increases his share by 50%. If the total profit at the end of the year was Rs. 43200. Then, the B's share in the profit is

    A) Rs. 4200

    B) Rs. 4800

    C) Rs. 7200

    D) Rs. 8000

    Correct Answer: D

    Solution :

    [d] Ratio of initial shares of A, B and C in the partnership \[A:B:C=\frac{7}{2}:\frac{4}{3}:\frac{6}{5}\]             \[=\frac{7\times 15}{2\times 15}:\frac{4\times 10}{3\times 10}:\frac{6\times 6}{5\times 6}\]             \[=\frac{105}{30}:\frac{40}{30}:\frac{36}{30}\]                                     [\[\therefore \] LCM of 2, 3, 5 = 30]             = 105 : 40 : 36 Let the respective shares of A, B and C be Rs. 105x, Rs. 40x and Rs. 36x. New shares of A, B and C in the partnership A = Rs. 105x for 4 months             \[+\,105x\times \frac{150}{100}\] for 8 months \[=(105x\times 4)+\left( 105x\times \frac{3}{2}\times 8 \right)\] \[=420x+1260\,\,x=1680x\] B = 40x for 12 months             \[=40x\times 12=480x\] C = 36x for 12 months             \[=36x\times 12=432x\] A : B : C = 1680 : 480 : 432             = 35 : 10 : 9 It is a type of simple partnership, so the profit or loss of the business is distributed among the investors in the ratio of their invested money. \[\therefore \] B's share in profit \[\text{=}\frac{\text{B }\!\!'\!\!\text{ s}\,\,\text{investment}}{\text{(A+B+C) }\!\!'\!\!\text{ s}\,\,\text{investment}}\text{ }\!\!\times\!\!\text{ Total}\,\,\text{profit}\] \[\text{=}\frac{10}{35+10+9}\times 43200=\frac{10}{54}\times 43200\]             \[=8000\]


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