Question Paper from: SBI PO Mains 2017

3 partners– A, B, and C – invested in a business through different means – cash capital, land assets and equity certificates.Cash invested by the 3 were in the proportion 2:3:7 respectively; land assets were invested in the ratio 4:3:5 respectively; and equity certificates were invested in proportion 1:5:4 respectively.
In the next cycle the investments made were doubled but in the same proportion as in the previous cycle. However, the period they were invested changed for this cycle. A invested for 10 months, B invested for 2.5 years and C
invested for 20 months. What is C’s approximate profit share if the total profit this time was Rs.3 crores?
1:
Rs. 2.25 crores
2:
Rs. 2.50 crores
3:
Rs. 1.63 crores
4:
Rs. 1.27 crores
5:
Rs. 2.22 crores
Solution:
Chapter Name: Partnership
Difficulty Level: Moderate

prepsutra-app-download android ios

Download the PrepSutra app

Download the app for Android devices and prepare on the go - anytime, anywhere!