A and B together started a firm with an investment of Rs 30 000 and Rs 50 000 resp After completion ...........

Quantitative Aptitude ( CCS) Partnership

A and B together started a firm with an investment of Rs.30,000 and Rs.50,000 resp. After completion of one year, A increased his investment by 20% while B decreased his investment by 14%. If at the end of second year, total profit earned by them was Rs.47700. Find the share of B.

Rs.24400

Rs.22000

Rs.27900

Rs.26500

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Explanation:

Total investment of A = 30000+1.2*30000 = Rs.66000
Total investment of B = 50000+0.86*50000 = Rs.93000
Ratio = 22:31
Profit share of B = 31/53*47700 = Rs.27900

Hence, opiton 3 is the correct answer.