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Anita and Vinita entered into a partnership investing Rs. 48000 and Rs

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| Anita and Vinita entered into a partnership investing Rs. 48000 and Rs. 36000 respectively. After 4 months Anita withdrew Rs. 12000 while Vinita invested Rs. 14000 more. After 3 months Sangeeta joins the business with a capital of Rs. 45000. The share of Anita exceeds that of Sangeeta, out of a total profit of Rs. 37470 after one year by

A. Rs. 6750

B. Rs. 7650

C. Rs. 7470

D. Rs. 11470

Right Answer is: B

SOLUTION

Calculation of ratios

Anita =48000*4+36000*8=480000

Vinita = 36000*4+50000*8=544000

Sangeeta =

So Anita, Vinita & Sangeeta will share profit in ratio

480 : 544 : 225

Now Anita’s share =

and Sangeeta’s share =

Hence, share of Anita exceeds that of Sangeeta by Rs. 7650

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    1. Anita and Vinita entered into a partnership investing Rs. 48000 and Rs

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