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A and B started a business by investing ...

A and B started a business by investing X 35000 and X 20000, respectively. After 5 months B left the business and C joined the business with a sum of X 15000. The profit earned at the end of year is X 84125. What is the share of B in profit ?

A

X 14133

B

X 15000

C

X 13460

D

Couldn't be determined

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The correct Answer is:
To find B's share in the profit, we will follow these steps: ### Step 1: Determine the investment and time for each partner - A's investment: ₹35,000 for 12 months - B's investment: ₹20,000 for 5 months - C's investment: ₹15,000 for 7 months (since C joined after B left, which was after 5 months) ### Step 2: Calculate the effective capital contribution for each partner - A's contribution = Investment × Time = ₹35,000 × 12 = ₹420,000 - B's contribution = Investment × Time = ₹20,000 × 5 = ₹100,000 - C's contribution = Investment × Time = ₹15,000 × 7 = ₹105,000 ### Step 3: Determine the total effective capital Total effective capital = A's contribution + B's contribution + C's contribution = ₹420,000 + ₹100,000 + ₹105,000 = ₹625,000 ### Step 4: Calculate the ratio of their contributions The ratio of A : B : C = ₹420,000 : ₹100,000 : ₹105,000 ### Step 5: Simplify the ratio To simplify the ratio, we can divide each term by ₹5,000: - A's ratio = 420,000 ÷ 5,000 = 84 - B's ratio = 100,000 ÷ 5,000 = 20 - C's ratio = 105,000 ÷ 5,000 = 21 Thus, the simplified ratio is A : B : C = 84 : 20 : 21. ### Step 6: Calculate the total parts in the ratio Total parts = 84 + 20 + 21 = 125 parts. ### Step 7: Determine B's share of the profit Total profit = ₹84,125 B's share = (B's ratio / Total parts) × Total profit = (20 / 125) × 84,125 ### Step 8: Calculate B's share B's share = (20 / 125) × 84,125 = ₹13,460. ### Final Answer B's share in the profit is ₹13,460. ---
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ARIHANT SSC-PARTNERSHIP -EXERCISE HIGHER SKILL LEVEL QUESTIONS
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  9. Aarti, Vinita and Kamla became partners in a business by investing mon...

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  10. A, B and C jointly thought of engaging themselves in a business ventur...

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  11. Aayush contributes 1//4 of the capital for 15 months and Babloo receiv...

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  12. Amitabh, Brijesh and Kamlesh enter a partnership with shares in the ra...

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  13. A and B started a joint business. A's investment was thrice the invest...

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  14. A and B started a business with X 20000 and X 35000 respectively. They...

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  15. Two partners invest X 125000 and X 85000, respectively in a business a...

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