A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:

A. Rs. 10,500, Rs. 13,500, Rs. 16,500
B. Rs. 11,500, Rs. 13,000, Rs. 16,000
C. Rs. 11,000, Rs. 14,000, Rs. 15,500
D. Rs. 11,500, Rs. 12,500, Rs. 16,500

Explanation:

A:B:C = 35000 : 45000 : 55000 = 7:9:11

A’s share = 40500 * 7/27 = Rs. 10500
B’s share = 40500 * 9/27 = Rs. 13500
C’s share = 40500 * 11/27 = Rs. 16500

Correct Answer: Rs. 10,500, Rs. 13,500, Rs. 16,500 ✔

Last Updated: February 07, 2020