Question

A and B entered into a partnership with the initial capital of Rs.5000 and Rs.6000 respectively. After 8 months, A added 1/5 of his initial investment and B withdrew 20% of his investment. At the end of the year, the total profit of the business is Rs.6560, then find the profit share of B?

• A. 6320
• B. 6330
• C. 3360
• D. 3630

Answer 1

Answer:

C. 3360

Profit ratio of A and B = (5000 × 8 + 6000 × 4):(6000 × 8 + (6000 – 1200) × 4) = 64000 : 67200 = 20 : 21 Profit share of B = 21/41 × 6560 = 3360