AP ICET 2017 Shift 1 Paper

Question : 94 of 200

Marks: +1, -0

A and B started a business investing Rs. 3.5 lakhs and Rs. 6.5 lakhs respectively. After 6 months A left the business while C joined B with an investment of Rs. 7.5 lakhs in the year end profit of Rs. 2.4 lakhs. the share of C (in lakhs of Rs) is

$0.35$
$0.45$
$0.55$
$0.75$

Validate

Solution:

	A	B	C
Capital	3.5	6.5	7.5
Time	6	12	6
Equivalent Capital	21	78	45
or	7 :	26 :	15

∴ C’s share in profit

=15/{7+26+15}×2.4=15/48×2.4=₹0.75

lakhs

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