A, B and C enter into a partnership They invest Rs 40000, Rs 80000 and Rs 120000 respectively. At the end of the first year B withdraws Rs 40000 while at the end of the second year C withdraws Rs 80000. In what ratio will the profit be shared at the end of 3 years?

see full answer

Talk to JEE/NEET 2025 Toppers - Learn What Actually Works!

Real Strategies. Real People. Real Success Stories - Just 1 call away

An Intiative by Sri Chaitanya

None of these

3 : 4 : 7

2 : 3 : 5

4 : 5 : 9

answer is B.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

Given that A, B and C invested Rs.40000, Rs.80000 and Rs.120000 respectively. At the end of the first year B withdraws Rs 40000 while at the end of the second year C withdraws Rs 80000.

A : B : C = (40000 \times 36) : (80000 \times 12 + 40000 \times 24) : (120000 \times 24 + 40000 \times 12)

\Rightarrow A : B : C = 1440000 : 1920000 : 3360000

\Rightarrow A : B : C = 144 : 192 : 336

\Rightarrow A : B : C = 12 : 16 : 28

\Rightarrow A : B : C = 3 : 4 : 7

Thus, the ratio of the profit shared after 3 years will be

3 : 4 : 7

.
Therefore, the correct option is 2.

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Get Expert Academic Guidance – Connect with a Counselor Today!

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th