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A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C invests in the ratio of 2 : 3. Find the profit of C, when the annual profit is Rs. 2400
- a)Rs. 600
- b)Rs. 1200
- c)Rs. 1800
- d)Rs. 1950
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A, B and C enter into a partnership, investing Rs. 6000. A invests Rs....
From given data,
Total investment = Rs. 6000
A investment = Rs. 1000
⇒ B and C’s investment = 6000 – 1000 = Rs. 5000
The ratio of B and C’s investment = 2 : 3
⇒ B’s investment = 2/5 × 5000 = Rs. 2000
⇒ C’s investment = 3/5 × 5000 = Rs. 3000
∴ ratio of their investment = 1000 : 2000 : 3000 = 1 : 2 : 3
Given that the annual profit = Rs. 2400
Let their profits be x : 2x : 3x
⇒ 2400 = x + 2x + 3x
⇒ 6x = 2400
⇒ x = Rs. 400
∴ C’s profit = 3x = 3 × 400 = Rs. 1200
Total investment = Rs. 6000
A investment = Rs. 1000
⇒ B and C’s investment = 6000 – 1000 = Rs. 5000
The ratio of B and C’s investment = 2 : 3
⇒ B’s investment = 2/5 × 5000 = Rs. 2000
⇒ C’s investment = 3/5 × 5000 = Rs. 3000
∴ ratio of their investment = 1000 : 2000 : 3000 = 1 : 2 : 3
Given that the annual profit = Rs. 2400
Let their profits be x : 2x : 3x
⇒ 2400 = x + 2x + 3x
⇒ 6x = 2400
⇒ x = Rs. 400
∴ C’s profit = 3x = 3 × 400 = Rs. 1200
Most Upvoted Answer
A, B and C enter into a partnership, investing Rs. 6000. A invests Rs....
Given:
Total investment = Rs. 6000
Investment of A = Rs. 1000
Investment of B and C is in the ratio of 2:3. Let the investment of B be 2x and the investment of C be 3x.
Therefore, the total investment is:
1000 + 2x + 3x = 6000
5x = 5000
x = 1000
So, the investment of B is:
2x = 2 * 1000 = Rs. 2000
And the investment of C is:
3x = 3 * 1000 = Rs. 3000
The ratio of their investments is:
A : B : C = 1000 : 2000 : 3000 = 1 : 2 : 3
The annual profit is given as Rs. 2400.
To find the profit of each partner, we need to divide the total profit in the same ratio as their investments.
Profit of A = (Investment of A / Total Investment) * Total Profit
Profit of A = (1000 / 6000) * 2400 = Rs. 400
Profit of B = (Investment of B / Total Investment) * Total Profit
Profit of B = (2000 / 6000) * 2400 = Rs. 800
Profit of C = (Investment of C / Total Investment) * Total Profit
Profit of C = (3000 / 6000) * 2400 = Rs. 1200
Therefore, the profit of C is Rs. 1200.
Total investment = Rs. 6000
Investment of A = Rs. 1000
Investment of B and C is in the ratio of 2:3. Let the investment of B be 2x and the investment of C be 3x.
Therefore, the total investment is:
1000 + 2x + 3x = 6000
5x = 5000
x = 1000
So, the investment of B is:
2x = 2 * 1000 = Rs. 2000
And the investment of C is:
3x = 3 * 1000 = Rs. 3000
The ratio of their investments is:
A : B : C = 1000 : 2000 : 3000 = 1 : 2 : 3
The annual profit is given as Rs. 2400.
To find the profit of each partner, we need to divide the total profit in the same ratio as their investments.
Profit of A = (Investment of A / Total Investment) * Total Profit
Profit of A = (1000 / 6000) * 2400 = Rs. 400
Profit of B = (Investment of B / Total Investment) * Total Profit
Profit of B = (2000 / 6000) * 2400 = Rs. 800
Profit of C = (Investment of C / Total Investment) * Total Profit
Profit of C = (3000 / 6000) * 2400 = Rs. 1200
Therefore, the profit of C is Rs. 1200.
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A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C invests in the ratio of 2 : 3. Find the profit of C, when the annual profit is Rs. 2400a)Rs. 600b)Rs. 1200c)Rs. 1800d)Rs. 1950Correct answer is option 'B'. Can you explain this answer?
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A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C invests in the ratio of 2 : 3. Find the profit of C, when the annual profit is Rs. 2400a)Rs. 600b)Rs. 1200c)Rs. 1800d)Rs. 1950Correct answer is option 'B'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C invests in the ratio of 2 : 3. Find the profit of C, when the annual profit is Rs. 2400a)Rs. 600b)Rs. 1200c)Rs. 1800d)Rs. 1950Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C invests in the ratio of 2 : 3. Find the profit of C, when the annual profit is Rs. 2400a)Rs. 600b)Rs. 1200c)Rs. 1800d)Rs. 1950Correct answer is option 'B'. Can you explain this answer?.
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