A and B entered in to a partnership with investments of Rs. 15000 and Rs. 40000 respectively. After 3 months A left from the business, at the same time C joins with Rs. 30000, At the end of 9 months they got Rs. 7800 as profit. Find the share of B?OptionsRs. 4800Rs. 7400Rs. 1720Rs. 6000
Question
A and B entered in to a partnership with investments of Rs. 15000 and Rs. 40000 respectively. After 3 months A left from the business, at the same time C joins with Rs. 30000, At the end of 9 months they got Rs. 7800 as profit. Find the share of B?OptionsRs. 4800Rs. 7400Rs. 1720Rs. 6000
Solution
To find the share of B, we need to calculate the ratio of their investments and the time period for which they were involved in the partnership.
Let's start by calculating the total investment of A, B, and C. A invested Rs. 15000, B invested Rs. 40000, and C joined later with Rs. 30000. Therefore, the total investment is Rs. (15000 + 40000 + 30000) = Rs. 85000.
Next, we need to calculate the time period for which A, B, and C were involved in the partnership. A left after 3 months, so the time period for A is 3 months. B and C were involved for a total of 9 months.
Now, we can calculate the share of B using the formula:
Share of B = (B's investment * B's time period) / (Total investment * Total time period)
Share of B = (40000 * 9) / (85000 * 9) = 360000 / 765000 = 0.4706
Finally, we can calculate the actual share of B in the profit:
Share of B = 0.4706 * Rs. 7800 = Rs. 3664.68
Therefore, the share of B is approximately Rs. 3664.68.
Similar Questions
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?Rs.1245.50Rs.1623.53Rs.1545.45Rs.1145.15
Select the correct answerA B and C entered in to a partnership A invested RS. 16000 for 9 months B invested 12000 for 6 months and C invested RS. 8000 for 12 months. At the end of the year there was a profit of RS. 26000. Find the share of B in the profit.OptionsRS. 7500RS. 10000RS. 9000RS. 6000RS. 8000
elect the correct answerA, B and C invested Rs. 45000, Rs. 70000 and Rs. 90000 respectively to start a business. At the end of 2 years, they earned a profit of Rs. 164000. What will be B’s share in the profit?OptionsRs. 56000Rs.5000Rs. 9000None
A started a business with Rs. 18000. After 4 months B joins with Rs. 24000. After 2 more months C joins with Rs. 30000. At the end of 10 months C received Rs. 1850 as his share. Find the total profit?OptionsRs. 1955Rs. 6510Rs. 6845Rs. 9030
A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?Choices:- Rs.18000 Rs.15000 Rs.17000 Rs.14000
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.