Multiple choice

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000, respectively. At the end of the first year, B withdraws Rs. 40,000; while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of three years?

  1. 2 : 3 : 5

  2. 3 : 4 : 7

  3. 4 : 5 : 9

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A: 40k * 36 months = 1440k. B: 80k * 12 + 40k * 24 = 960k + 960k = 1920k. C: 120k * 24 + 40k * 12 = 2880k + 480k = 3360k. Ratio 1440:1920:3360 = 144:192:336 = 3:4:7.