Question

    ‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:2:9, respectively. At end of the year, if the difference between the profits received by ‘A’ and ‘C’ is Rs. 1500 then find the profit share of ‘B’.

    A Rs. 750 Correct Answer Incorrect Answer
    B Rs. 700 Correct Answer Incorrect Answer
    C Rs. 720 Correct Answer Incorrect Answer
    D Rs. 730 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the question, Ratio of profits received by ‘A’, ‘B’ and ‘C’ = 5:2:9 Therefore, profit share of ‘B’ = 1500 × {2/(9 – 5)} = Rs. 750

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