New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    A and B enter into a partnership with their initial sum of Rs.32000 and Rs.40000 respectively. After 8 months, a third person C also joins them with his initial sum Rs.24000. After a year if total profit is Rs.6500 then find the profit share of B.

    A Rs.2400 Correct Answer Incorrect Answer
    B Rs.3500 Correct Answer Incorrect Answer
    C Rs.3250 Correct Answer Incorrect Answer
    D Rs.2700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit of A : B : C = 32000 x 12 : 40000 x 12 : 24000 x 4 = 4:5:1 Therefore, profit of B = (5/10) x 6500 = Rs.3250

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