Question
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 3 years?
Answer: Option D
- A : B : C = (40000 x 36) : (80000 x 12 + 40000 x 24)
(120000 x 24 + 40000 x 12) =144 : 192 : 336 = 3: 4 : 7
Was this answer helpful ?
- A : B : C = (40000 x 36) : (80000 x 12 + 40000 x 24)
(120000 x 24 + 40000 x 12) =144 : 192 : 336 = 3: 4 : 7
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution