Multiple Choice Questions on A and B started a business in partnership investing Rs 10 000 and Rs 7 500 respectively After 3 mont........... for IBPS RRB - Officers Exam Preparation

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Multiple Choice Questions

A and B started a business in partnership investing Rs 10 000 and Rs 7 500 respectively After 3 mont...........

Quantitative Aptitude(IBPS RRB PO) Partnership
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    A and B started a business in partnership investing Rs. 10,000 and Rs. 7,500 respectively. After 3 months, C joined them with Rs. 10,000. What will be B’s share in the total profit of Rs 12,000 earned at the end of 1 year from the starting of the business?

    1000 

    Incorrect Answer

    1500

    Incorrect Answer

     1200 

    Incorrect Answer

    1800 

    Incorrect Answer

    None of these

    Correct Answer
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    Explanation:

    Profit ratio of A,B and C, A : B : C = (10,000 x 12) : (7500 x 12) : (10,000 x 9) = 4 : 3 : 3

    Hence, B’s share = (3/10) x 12000 = Rs. 3600

    By: Munesh Kumari
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