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A, B and C started a business in partnership. Initially, A invested Rs. 29,000, while B and C invested Rs. 25,000 each. After 4 months, A withdrew Rs. 3,000. After 2 more months, C invested Rs. 12,000 more. Find the share of C( in Rs.) in the profit of Rs. 33,200 at the end of the year.
  • a)
    12,400
  • b)
    11,067
  • c)
    10,800
  • d)
    10,000
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A, B and C started a business in partnership. Initially, A invested Rs...
Given information:
- A invested Rs. 29,000 initially
- B and C invested Rs. 25,000 each initially
- After 4 months, A withdrew Rs. 3,000
- After 2 more months, C invested Rs. 12,000 more
- Profit at the end of the year is Rs. 33,200

Calculation:
Let's calculate the ratio of their investment:
Initial investment ratio = A:B:C = 29,000:25,000:25,000 = 29:25:25
After A withdrew Rs. 3,000, his investment became Rs. 26,000 (29,000 - 3,000)
New investment ratio = 26,000:25,000:25,000 = 52:50:50
After C invested Rs. 12,000 more, his investment became Rs. 37,000 (25,000 + 12,000)
New investment ratio = 52:50:87

Let's calculate the share of each partner:
Total investment = Rs. 1,00,000 (29,000 + 25,000 + 25,000 + 12,000)
A's share = (52/189) * 33,200 = Rs. 9,200
B's share = (50/189) * 33,200 = Rs. 8,800
C's share = (87/189) * 33,200 = Rs. 15,200

Therefore, the share of C in the profit of Rs. 33,200 is Rs. 12,400 (including the additional investment).
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A, B and C started a business in partnership. Initially, A invested Rs. 29,000, while B and C invested Rs. 25,000 each. After 4 months, A withdrew Rs. 3,000. After 2 more months, C invested Rs. 12,000 more. Find the share of C( in Rs.) in the profit of Rs. 33,200 at the end of the year.a)12,400b)11,067c)10,800d)10,000Correct answer is option 'A'. Can you explain this answer?
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A, B and C started a business in partnership. Initially, A invested Rs. 29,000, while B and C invested Rs. 25,000 each. After 4 months, A withdrew Rs. 3,000. After 2 more months, C invested Rs. 12,000 more. Find the share of C( in Rs.) in the profit of Rs. 33,200 at the end of the year.a)12,400b)11,067c)10,800d)10,000Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A, B and C started a business in partnership. Initially, A invested Rs. 29,000, while B and C invested Rs. 25,000 each. After 4 months, A withdrew Rs. 3,000. After 2 more months, C invested Rs. 12,000 more. Find the share of C( in Rs.) in the profit of Rs. 33,200 at the end of the year.a)12,400b)11,067c)10,800d)10,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C started a business in partnership. Initially, A invested Rs. 29,000, while B and C invested Rs. 25,000 each. After 4 months, A withdrew Rs. 3,000. After 2 more months, C invested Rs. 12,000 more. Find the share of C( in Rs.) in the profit of Rs. 33,200 at the end of the year.a)12,400b)11,067c)10,800d)10,000Correct answer is option 'A'. Can you explain this answer?.
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