Question

A, B and C started a business by investing Rs. 55,000, Rs. 65,000, Rs. 75,000 respectively. A is a working partner and gets 20% of the profit and the remaining is distributed in the proportion of their investments. If the total profit is Rs. 87,750 what is the share of A?

• A. Rs. 27,000
• B. Rs. 37,500
• C. Rs. 23,000
• D. Rs. 37,350

Answer 1

Answer:

D. Rs. 37,350

Ratio of Investment = 55,000 ∶ 65,000 ∶ 75,000 = 11 ∶ 13 ∶ 15 Let their profit share be 11x , 13x and 15x Profit distributed among them = 87,750 × 80/100 = 70200 11x + 13x + 15x = 70200 39x = 70200 x = 1800 Share of A from remaining profit = 1800 × 11 = 19800 A gets 20% share from total profit = 87750 × 20/100 = 17550 Total share of A = 19800 + 17550 = Rs. 37350