Partnership - Quantitative Aptitude (MCQ) questions for Q. 20615
Q. A, B and C enter into partnership. A invests 3 times as much as B invests and B invests two third of what C invests. At the end of the year, the profit earned is Rs. 8500. What is the share of B?- Published on 07 Jul 17a. Rs. 1245.50
b. Rs. 1623.53
c. Rs. 1545.45
d. Rs. 1145.15
ANSWER: Rs. 1545.45
Let C's capital = Rs. y. Then, B's capital = Rs. (2/3)y
A's capital = Rs. (3 × (2/3)y) = Rs. 2y
Therefore, ratio of their capitals
= 2y : (2/3)y : y
= 6 : 2 : 3
Hence, B's share = Rs. (8500 x 2/11) = Rs. 1545.45