Partnership Profit Ratio
CMAT 2021 · Quantitative Techniques & Data Interpretation · Medium · Partnership
A started a business with Rs. 50000. After three months, B joins with an investment of Rs. 60000 and A withdraws Rs. 10000 out of his capital. Three months later, B brought in Rs. 20000 more. At the end of the year, what should be the ratio in which A and B share the profits?
- A.
22:15
- B.
13:22
- C.
17:22
- D.
15:22
Answer
C
Explanation
A's equivalent investment = . B's equivalent investment = . Ratio of profit sharing A : B = .
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