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
Question
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
Solution
Let's solve this step by step:
Step 1: Let's assume the investment of C as x. Therefore, the investment of B becomes 2x/3 and the investment of A becomes 3 times B's investment, which is 2x.
Step 2: The ratio of their investments would be A : B : C = 2x : 2x/3 : x = 6 : 2 : 3.
Step 3: The total profit of Rs.8500 would be divided among A, B, and C in the ratio of their investments. So, the total parts into which the profit would be divided would be 6 + 2 + 3 = 11.
Step 4: The share of B would be (2/11) * 8500.
Step 5: Calculate the above expression to get B's share.
So, B's share of the profit would be Rs.1545.45.
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