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ibps-so 2018 · Question 301 of 356

Three partners who had applied jointly to the branch for a working capital limit produced their partnership deed together with a statement of the capital brought into the rm by each of them during the year just closed. The rst of them brought in ₹32,000 and left it in the business for the whole of the twelve months of the year; the second brought in ₹48,000 and left it in the business for seven months only; and the third brought in ₹60,000 and left it in the business for ve months only. None of the three added to his capital or withdrew any part of it at any time. At the close of the year the rm earned a pro t of ₹68,000, which the partners agreed to divide between themselves in the proportion of the capital brought in by each multiplied by the number of months for which that capital remained in the business. What is the share of the third partner in that pro t?

  1. A₹20,000Correct
  2. B₹18,400
  3. C₹22,400
  4. D₹21,250
  5. E₹19,200

Answer: A. ₹20,000

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Prelims Memory Based 2018 (held 29 Dec 2018, Shift 2) - Prepp · memory-based

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