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A, B and C enter into a partnership, the capital invested by A is twice that of C and the capital invested by B is five times that of C. After 7 months C increases his capital by 20%. If at the end of the year the profit earned by them is Rs. 4850, find the share of B?1. 45002. 30003. 40004. 75005. 5000 |
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Answer» Correct Answer - Option 2 : 3000 Formula used∶ Ratio of their profits - (share × Time)A ∶ (share × Time)B ∶ (share × Time)C Calculations∶ Let C invested Rs. x A invested Rs. 2x B invested Rs. 5x A and B invested their capitals for 12 months C invested his initial capital for first 7 months and then increases his capital by 20% Ratio of their share - (share × Time)A ∶ (share × Time)B ∶ (share × Time)C (2x × 12) ∶ (5x × 12) ∶ (x × 7 + 120% × x × 5) 24 ∶ 60 ∶ 13 Share of \(B = \frac{{60}}{{97}} \times 4850\) ⇒ Rs. 3000 |
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