Civil Services Examination · Question 78
Three partners A, B and C entered into a business. A invested one-third of the capital for one-third duration. B invested one-fourth of the capital for one-fourth duration. C invested the remaining capital for the whole duration. Out of a profit of Rs 17,000, how much profit will C get?
Show answer & explanation
Answer: (A) Rs 12,000
Explanation
Capital × time: A = 1/9, B = 1/16, C = 5/12. Ratio 16 : 9 : 60 (total 85). C gets 60/85 × 17,000 = 12,000.