Partnership
Q. If A, B, and C invest in a business in the ratio 1:2:3 and the total profit is $1200, how much does A receive?
A.
$200
B.
$300
C.
$400
D.
$500
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Solution
Total parts = 1 + 2 + 3 = 6. A's share = (1/6) * 1200 = $200.
Correct Answer: C — $400
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Q. If A, B, and C invest in a business in the ratio 4:5:6 and the total profit is $1500, how much does C receive?
A.
$600
B.
$500
C.
$400
D.
$700
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Solution
Total parts = 4 + 5 + 6 = 15. C's share = (6/15) * 1500 = $600.
Correct Answer: A — $600
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Q. If A, B, and C invest in a business with amounts of $15,000, $25,000, and $10,000 respectively, what is the profit share of B if the total profit is $50,000?
A.
$20,000
B.
$25,000
C.
$15,000
D.
$10,000
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Solution
Total investment = 15000 + 25000 + 10000 = 50000. B's share = 25000/50000 * 50000 = $25,000.
Correct Answer: A — $20,000
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