Three business partners, A, B, and C, agree to divide their total profit for a certain year in the ratios 3 : 4 : 5. If B's share was ₹24,000, what was the total profit of the business partners for the year?
₹72,000
Let the shares of A, B, C be 3x, 4x and 5x. B's share is 4x = ₹24,000, so x = ₹6,000.
Total profit = (3 + 4 + 5) x = 12x = 12 × 6,000 = ₹72,000.
Hence, the answer is ₹72,000.
Similar Questions
Jatin and Kiran start a business by investing ₹1,20,000 and ₹80,000, respectively. After 8 months, Jatin withdraws ₹20,000. If the total profit at the end of the year is ₹29,000, find Kiran’s share of the profit.
P, Q, and R start a business together, investing amounts in the ratio 4:5:6. If the total profit is divided among them in the same ratio and Q receives ₹15,000, what is the total profit?
Deepak and Esha invest ₹40,000 and ₹60,000 in a partnership, respectively. Deepak withdraws all his money after 6 months, while Esha keeps her money invested for the entire year. If the total profit at the end of the year is ₹22,000, find Deepak’s share of the profit.
Amit and Bharat started a business with investments of ₹40,000 and ₹55,000, respectively. After 6 months, Chetan joined with ₹60,000. If the annual profit is ₹47,400, what is Bharat's share?
Three partners, A, B, and C, invest ₹25,000, ₹35,000, and ₹60,000, respectively. If the total profit is ₹66,000, what is the share of C?
A and B invest ₹24,000 and ₹36,000, respectively, in a business for the same period. Find the ratio in which the profit should be divided between A and B.
A and B started a business in partnership by investing ₹20,000 and ₹15,000, respectively. After six months, C joined them with ₹20,000. What will be B’s share in the total profit of ₹20,000 earned at the end of 2 years from the start of the business?
Rishabh and Neha started a business together. Rishabh invested ₹21,000 and Neha invested ₹35,000. At the end of two years, they earned a profit of ₹10,000. Find the share of Neha in the total profit.
A and B jointly start a business. The investment of A is equal to three times the investment of B. Find the share of A in the annual profit of ₹5,524.
Three partners, P, Q, and R, start a business by investing capital in the ratio 5 : 4 : 3. At the end of one year, the business earns a total profit of Rs. 48,000. If Q withdraws his investment after 6 months, while P and R keep their investments in the business for the entire year, what amount of profit should Q receive?
Important Questions from Partnership
A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A withdrew his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A’s share in the profit is:
Adesh and Bhadresh are partners sharing profits and losses in the ratio of 3 ∶ 2. Chandresh is admitted for 20% of share in profits out of which half of the share was gifted by Adesh and remaining was acquired by Chandresh from Adesh and Bhadresh in equal proportion. What would be new profit-sharing ratio?
Mathur started a business by investing R6,76,000 as capital. After 4 months, Goyal joined the business by investing a capital of Rs. 5,07,000. A total of Rs. 2,60,000 including 25% of the total profit was given to Goyal for conducting business at the end of the year. How much profit Mathur will get?
Mannu and Bhanu are partners. Bhanu wants to admit his son Channu into business. Can Channu become the partner of the firm?
L, S and D are partners sharing profits in the ratio of \(\frac{2}{5},\frac{3}{7}\) and \(\frac{3}{10}\). If S retires from the firm, what will be the gain ratio of L
