A and B enter into a partnership with Rs. 50000 and Rs. 60000 respect…

Question

A and B enter into a partnership with Rs. 50000 and Rs. 60000 respectively. C joins them after x months, contributing Rs. 70000 and B leaves x months before the end of the year. If they share the profit in the ratio of…

Accepted Answer

Option A. 3. Answer & Solution Answer: Option A Solution: Clearly, A invested his capital for 12 months while each one of B and C invested his capital for (12 - x) months Ratio of profits os A, B, C = ( 50000 × 12 ) : [ 60000 × ( 12 - x ) ] : [ 70000 × ( 12 - x ) ] & = 60:6 ( 12 - x ):7 ( 12…

A and B enter into a partnership with Rs. 50000 and Rs. 60000 respectively. C joins them after x months, contributing Rs. 70000 and B leaves x months before the end of the year. If they share the profit in the ratio of 20 : 18 : 21, then the value of x is = ?

Solution