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Partnership Profit Share

CMAT 2023 · Quantitative Techniques & Data Interpretation · Easy · Partnership

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A and B started a business with investment of ₹ 4500 and ₹ 2700 respectively. Find the share of profit of A in the total annual profit of ₹ 256.

  1. A.

    ₹ 170

  2. B.

    ₹ 120

  3. C.

    ₹ 160

  4. D.

    ₹ 140

Answer

C

Explanation

Ratio of profit of A and B = Ratio of investments = 4500:2700=5:34500 : 2700 = 5 : 3.

Share of profit of A = 55+3×256=58×256=5×32=₹ 160\frac{5}{5 + 3} \times 256 = \frac{5}{8} \times 256 = 5 \times 32 = \text{₹ } 160.

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