Three persons A, B and C started a business with their shares in the ratio 3 : 4: 5. After 4 months B with drew his 50% share and C with drew his 20% share 4 months prior to completion of the year. If total profit in the year is Rs. 31,000 then find the share of A in the profit.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs. 9000.
| Understanding/Application |
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Let shares of A, B and C respectively be 3x, 4x and 5x. Ratio of profit = (3x × 12) : [(4x × 4) + (2x × 8)] : [(5x × 8) + (4x × 4)] = 36x : 32x : 56x |
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Total profit = Rs. 31000 A's profit share = (9 × 31000)/(9 + 8 + 14) = Rs. 9000 |