Question 8

A, B and C entered into a partnership by investing Rs.64000, Rs. 52000 and Rs. 36000 respectively for a certain period of time. If A receives Rs.35584 as annual profit, what amount will Mr. C receive as his share in the profit ?

Solution

Ratio of shares = A : B : C

= 64000 : 52000 : 36000 = 16 : 13 : 9

$$\because$$ $$16 \equiv 35584$$

$$\therefore 9 \equiv \frac{35584}{16} \times 9$$

= Rs. 20,016

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: