Question

16. A, B and C are three partners sharing profits in the ratio of their capital.The capital of A is rs.5,000 and that of B is rs.2,500. Profit for 2000 amounted to rs.3,500 out of which C's share was rs.1,500. How much is C's Capital? [Ans. rs. 5,625)​

Answer 1

Answer:

New Profit sharing ratio = 1 - 1/5 = 4/5

A= 5/8 * 4/5 = 20/40 ; B= 3/8 * 4/5 = 12/40 ; C= 1/5 * 8/8 = 8/40

i.e. 5 ; 3 ; 2.

Capitals = 120000 * 5 = 600000

A - 600000 * 5/10 = 300000

B - 600000 * 3/10 = 180000