Question

    X and Y initiated a partnership, with investments of Rs.

    5000 and Rs. 6000 respectively. Six months into the partnership, Z joined by contributing Rs. 4500. After 8 months from the start, Y withdrew his entire investment. If the total profit at the end of the year was Rs. 13500, calculate Y's share of the profit.
    A Rs. 3600 Correct Answer Incorrect Answer
    B Rs. 4500 Correct Answer Incorrect Answer
    C Rs. 5600 Correct Answer Incorrect Answer
    D Rs. 4800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of X, Y and Z = (5000 ×12):(6000 × 8):(4500 × 6)  = 20:16:9 Profit share of Y = 16/45 × 13500 = Rs. 4800

    Practice Next

    Relevant for Exams: