A,B and C invested Rs 15000,Rs 20000 and Rs 25000.The net profit for the year was Rs 13000.Find out the amount of profit each partner has earned.A share-Rs.3250B share-Rs.4333.33C share -Rs.5416.67A share-Rs.2250B share-Rs.3563.27C share -Rs.5400.56A share-Rs.4500B share-Rs.2580.25C share -Rs.5416.67None of these
Question
A,B and C invested Rs 15000,Rs 20000 and Rs 25000.The net profit for the year was Rs 13000.Find out the amount of profit each partner has earned.A share-Rs.3250B share-Rs.4333.33C share -Rs.5416.67A share-Rs.2250B share-Rs.3563.27C share -Rs.5400.56A share-Rs.4500B share-Rs.2580.25C share -Rs.5416.67None of these
Solution
The total investment is Rs 15000 (A) + Rs 20000 (B) + Rs 25000 (C) = Rs 60000.
The profit share of each partner is proportional to their investment.
So, the share of each partner in the profit will be:
A's share = (A's investment / Total investment) * Total profit = (15000 / 60000) * 13000 = Rs 3250
B's share = (B's investment / Total investment) * Total profit = (20000 / 60000) * 13000 = Rs 4333.33
C's share = (C's investment / Total investment) * Total profit = (25000 / 60000) * 13000 = Rs 5416.67
So, the correct answer is: A share-Rs.3250, B share-Rs.4333.33, C share -Rs.5416.67.
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