Multiple Choice Questions on A and B entered into a partnership investing Rs 16000 and Rs 12000 respectively After 3 months A wit........... for Mathematics - All Exams Preparation

Partnership

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Indian Economy - Understanding the basics of Indian economic system

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    A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by ?

    Rs. 2400

    Incorrect Answer

    Rs. 3600

    Correct Answer

    Rs. 3000

    Incorrect Answer

    Rs. 4800

    Incorrect Answer
    Explanation:

    A:B: C = 16000 x3 + 11000×9:12000 x 3 + 17000 x 9:21000 x 6 = 147:189:126 = 7:9:6
    Difference of B and C’s shares = Rs. [26400 x (9/22) — 26400 x (6/22)) = Rs. 3600.


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