New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    ‘A’, ‘B’ and ‘C’ entered into a partnership

    by making investments in the ratio 5:6:9, respectively. At end of the year, if the difference between the profits received by ‘A’ and ‘C’ is Rs. 1200 then find the profit share of ‘B’.
    A Rs. 1800 Correct Answer Incorrect Answer
    B Rs. 1700 Correct Answer Incorrect Answer
    C Rs. 1600 Correct Answer Incorrect Answer
    D Rs. 1900 Correct Answer Incorrect Answer

    Solution

    According to the question, Ratio of profits received by ‘A’, ‘B’ and ‘C’ = 5:6:9 Therefore, profit share of ‘B’ = 1200 × {6/(9 – 5)} = Rs. 1800

    Practice Next

    Relevant for Exams: