11 Views

Question : A and B enter into a partnership such that 5 times A's investment is equal to 7 times B's investment. If the total profit is Rs. 12000, then what is the share of A?

Option 1: Rs. 6300

Option 2: Rs. 7000

Option 3: Rs. 8000

Option 4: Rs. 7500


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: Rs. 7000


Solution : Let A's investment be $a$ and B's be $b$.
According to the question,
$5a = 7b⇒\frac{a}{b}=\frac{7}{5}⇒a:b=7:5$
In a partnership, the distribution of profit is proportional to the investment.
So, A's share of the profit = $\frac{7}{7+5} \times 12000 = 7000$
Hence, the correct answer is Rs. 7000.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books