A, B, C and D enter into partnership. A subscribes 1/3 of the capital B 1/4, C 1/5 and D the rest. How much share did A get in a profit of Rs.2460?
Correct answer: C. Rs.820
- A. Rs.480
- B. Rs.615
- C. Rs.820
- D. Rs.740
Explanation
A subscribes one-third of the total capital, so A receives one-third of the profit when profit follows capital shares. A's share is Rs.2460 x 1/3 = Rs.820. The likely mistake is option b, Rs.615, which corresponds to one-fourth of the profit and confuses A's fraction with another partner's fraction.
Last updated
About Ratio and Proportion
Ratios compare quantities in the same units, while proportions state that two ratios are equal. Problems cover simplification, division in a given ratio, direct and inverse variation, scale, and missing terms, with attention to the difference between a ratio and a fraction representing part of a whole.
Practise Arithmetic
1,060 free Arithmetic MCQs from Mathematics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Mathematics questions like this
Mathematics is on 67 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.