Q80
A, B and C are partners in a business. Their shares are in the proportion of 1/3:1/4:1/5 . A withdraws half of his capital after 15 months and after another 15 months, a profit of Rs. 4340 is divided. The share of C is ?
A, B and C are partners in a business. Their shares are in the proportion of . A withdraws half of his capital after 15 months and after another 15 months, a profit of Rs. 4340 is divided. The share of C is ?
A.
Rs. 1240
AnswerB.
Rs. 1245
C.
Rs. 1360
D.
Rs. 1550
Answer: Option A
Solution
Answer: Option A
Solution:
Ratio of initial investmentsLet their initial investments be 20x, 15x and 12x respectively
= A : B : C
= (20x × 15 + 10x × 15) : (15x × 30) : (12x × 30)
= 450x : 450x : 360x
= 5 : 5 : 4