- Have any questions?
- [email protected]
- Home
- A, B and C enter into a partnership by investing in the ratio of 3:2:4.
Question 1:
A, B and C enter into a partnership by investing in the ratio of 3:2:4. After one year, B invests another Rs 2,70,000 and C, at the end of 2 years, also invest Rs 2,70,000.At the end of 3 years, profit is shared in the ratio of 3:4:5. Find the initial investment of each A?
A. 2,70,000
Feedback Share of A = 3x*3 = 9x
share of B = 2x*3 + 270*2 = 6x+540
Share of C =4x*3+270*1 = 12x+270
based on new ratio : 9x/3 = (12x+270)/53x=2.4x+54 or .6x=54 or x= 54/.6 = 90
so initial investments were : A : 270, B 180and C 360 (all in thousands).
The initial investment of each A = 2,70,000
share of B = 2x*3 + 270*2 = 6x+540
Share of C =4x*3+270*1 = 12x+270
based on new ratio : 9x/3 = (12x+270)/53x=2.4x+54 or .6x=54 or x= 54/.6 = 90
so initial investments were : A : 270, B 180and C 360 (all in thousands).
The initial investment of each A = 2,70,000
B. None of these
C. 3,60,000
D. 1,80,000
These questions are from this test. Would you like to take a practice test?