A, B and C started a business with the investment of Rs. 5000, Rs, 6000 and Rs. 4000 respectively. A is an active partner and therefore he gets 30% of the profit separately. Rest of the profit is divided in the ratio of their capitals. If at the end of year, A’s profit is Rs. 200 more than the sum of the profits made by B and C, find the profit made by each of them.

Question

A, B and C started a business with the investment of Rs. 5000, Rs, 6000 and Rs. 4000 respectively. A is an active partner and therefore he gets 30% of the profit separately.   Rest of the profit is divided in the ratio of their capitals. If at the end of year, A’s profit is Rs. 200 more than the sum of the profits made by B and C, find the profit made by each of them.

Examsnet · Accepted Answer

Correct Answer is :  Rs. 1600, Rs. 840, Rs. 560

Partnership Practice Test 3