A, B, and C are partners in a Business. A and B are sharing the ratio in 3:4 and B:C are sharing in 5:9. At the end of the year, the profit received is Rs 71000. What is the share of A?
Show answer & explanation
Correct answer: C
Explanation
Given:
A : B = 3 : 4
B : C = 5 : 9
Total profit = ₹71,000
By formula:
Finding the equal partnership ratio
A : B = 3 : 4
B : C = 5 : 9
To make B equal
A : B = 15 : 20
B : C = 20 : 36
A : B : C = 15 : 20 : 36
Total share = 15 + 20 + 36 = 71
A's share = 71,000 × 15 / 71 = ₹15,000