Question 60
MediumOriginal questionAsha, Bilal and Chitra invest ₹20,000, ₹30,000 and ₹40,000 in a business. After 6 months Chitra withdraws her capital. The year's profit is ₹56,000. What is Chitra's share?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Capital × months: Asha ; Bilal ; Chitra .
Ratio = , a total of 7 parts.
Chitra's share = ₹56,000 × = ₹16,000.
Worth noting
₹24,889 (approximately) comes from using capital alone; ₹24,000 is Bilal's share.
- Concept
- Partner leaving partway through the year
- Typical timeTypical
- 70 s
- Your timeYours
- —
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