In a business partnership among A, B, C and D, the profit is shared as follows :
\( \Large \frac{A's share}{B's share} \) =\( \Large \frac{B's share}{C's share} \) = \( \Large \frac{C's share}{D's share} \) = \( \Large \frac{1}{3} \)
If the total profit is Rs. 4,00,000/-, the share of C is :
Correct Answer: Description for Correct answer:
Given A : B = 1 : 3, B : C = 1 : 3, C : D = 1 : 3
Then
A : B : C : D = 1 x 1 x 1 : 3 x 1 x 1 : 3 x 3 x 1 : 3 x 3 x 3
= 1 : 3 : 9 : 27
Let the profits of A, B, C and D are x, 3x, 9x and 27x respectively.
Hence, Partnership of
C = \( \Large \frac{9}{1 + 3 + 9 + 27} \) x 400000
= \( \Large \frac{9}{40} \) x 400000 = Rs. 90000/-
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