Question

Three partners invested Rs. 42000,Rs.48000 and Rs. 32000 respectively. partnership condition is that, each will

the get interest on his capital at the rate of 7% per annum and the remaining profit will be divided in the ratio of

their capitals. If at the end of the year the total profit is Rs. 32940, then find the share of A in profit.​

Answer 1

Answer:

Step-by-step explanation:

Interest for A = 42000×7×1100= Rs.2940

Interest for B = 48000×7×1100= Rs.3360

Interest for C = 32000×7×1100= Rs.2240

Total interest of (A + B + C) = (2940 + 3360 + 2240) = Rs. 8540

Remaining profit = Rs. (32940 - 8540)

= Rs. 24400

A : B : C

Capital 42000: 48000 :32000

21 : 24 : 16

According to the question,

(21+ 24 + 16) units = Rs. 24400

61 units = RS. 24400

1 units = RS. 400

Hence, Share of A in Remaining profit = 400×21= RS.8400

Share of B in remaining profit = 400×24= Rs.9600

Share of C in remaining profit = 400×16= Rs.6400

Total share of A = 8400 + 2940 = Rs. 11340

Part of solved Partnership questions and answers : >> Aptitude >> Partnership