1.

A, B and C entered into a partnership. A invested Rs.3000 at the start. B invested 33(1)/(3)% more than the invested by A and C invested the average of the investment made by A and B. After 4 months. A withdraw 40% of his amount, B doubled his amount and C increased his amount by 20% After another 5 months, B got away from partnership and A double his amount while C maintained his amount. Profit at the end of year was Rs.677000 and profit was shared in the ratio of their investment and time. Quantity I: Profit earned by C. Quantity II: Average of profit earned by A, B and C together. Quantity II: Average of profit earned by A, B and C together.(a) Quantity I> Quantity II(b) Quantity I< Quantity II(c) Quantity I≥ Quantity II(d) Quantity I≤ Quantity II

Answer»

Quantity I `gt` Quantity II
Quantity I `lt` Quantity II
Quantity I `ge` Quantity II
Quantity I `le` Quantity II

Solution :RATIO of INVESTMENT of A, B and C
`(3000xx4+1800xx5+3600xx3)`
`:(400xx4+8000xx5)`
`:(14000+33600)`
`31800: 56000:47600`
`159:280:238`
PROFIT of `C(238)/(677)xx6770000C=238000`
Average of profit EARNED by `(A+B+C)~~225666`


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