Multiple choice

Directions: In these questions, two equations numbered I and II are given. You have to solve both the equations and give answer (a) x ≥ y (b) x ≤ y (c) x y (e) x = y or Relationship between x and y cannot be established A and B entered into a partnership, investing Rs. 16000 and Rs. 12000 respectively. After 3 months, 'A' withdraw Rs. 5000, while B invested Rs. 5000 more. After 3 months more, C joins the business with a capital of Rs. 21,000. After an year, they obtained a profit of Rs. 26400. (x) B's share in the profit (y) Share of C's profit.

  1. a

  2. b

  3. c

  4. d

  5. e

Reveal answer Fill a bubble to check yourself
D Correct answer
AI explanation

Using the partnership formula, the profit ratio is the product of investment and time. A's effective capital is (16000 * 3) + (11000 * 9) = 147000. B's effective capital is (12000 * 3) + (17000 * 9) = 189000. C's effective capital is 21000 * 6 = 126000. The ratio of their profit shares is 147:189:126, which simplifies to 7:9:6. B's share is (9/22) * 26400 = 10800 and C's share is (6/22) * 26400 = 7200. Since 10800 is greater than 7200, x is greater than y.