A, B, C entered into a partnership and their capitals are in the proportion of 1/3 : 1/4 : 1/5. A with draws half his capital at the end of 4 months. Out of a total annual profit of Rs. 847 A's share is?
Correct Answer: Rs. 280
Explanation:
Ratio of capital in the beginning = 1/3 : 1/4 : 1/5 = 20 : 15 : 12.
Ratio of investment for the whole year = (20 x 4 + 10 x 8) : (15 x 12) : (12 x 12) = 40 : 45 : 36
∴ A's share = Rs. (847 x 40)/121 = Rs. 280