Multiple choice

A and B entered into a partnership, in which A is active partner. A invests Rs. 4000 and Rs. 2000 more after 8 months. B invests Rs. 5000 and withdraws Rs. 2000 after 9 months. Being the active partner, A takes Rs. 100 per month as salary, from the profit. What is the share of B if the total profit at the end of the year is Rs.6700?

  1. Rs. 3350

  2. Rs. 3250

  3. Rs. 2700

  4. Rs. 2800
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Calculate each partner's effective investment over time. A invests Rs 4000 for 12 months and Rs 2000 for 4 months = 56000. B invests Rs 5000 for 9 months and Rs 3000 for 3 months = 57000. Their profit-sharing ratio (excluding salary) is 56:57. A takes Rs 1200 as salary, leaving Rs 5500 divisible profit. A gets (56/113) x 5500 + 1200 = Rs 4000, B gets (57/113) x 5500 = Rs 2700.

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