A, B, and C enter into partnership. A invests an amount a from the start. After 6 months, B invests 2a. After 8 months, C invests 3a. If the annual profit is ₹ 54,000, what is C's share?
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A₹ 3,000
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B₹ 18,000
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C₹ 15,000
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D₹ 21,000
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E₹ 12,000
Answer
Correct Answer: ₹ 18,000
Explanation
Introduction / Context: Here, each partner's capital-time product happens to be equal, leading to equal profit shares. This occurs because later partners invest proportionally larger capitals for proportionally shorter times.
Given Data / Assumptions:
- A: a for 12 months ⇒ 12a.
- B: 2a for (12 − 6) = 6 months ⇒ 12a.
- C: 3a for (12 − 8) = 4 months ⇒ 12a.
- Total profit = ₹ 54,000.
Concept / Approach: Since all capital-time weights are 12a, profits are equal among A, B, and C. Divide the total profit by 3 to find each share.
Step-by-Step Solution: Weights: A = 12a; B = 12a; C = 12a. Ratio = 1 : 1 : 1. Each share = 54,000 / 3 = ₹ 18,000.
Verification / Alternative check: Any base a cancels because all three weights equal 12a. Thus equal sharing is robust.
Why Other Options Are Wrong: Any amount other than ₹ 18,000 would violate the equal-weight conclusion.
Common Pitfalls: Forgetting that partners who join later may have higher capitals to balance the shorter duration, resulting in equal weights.
Final Answer: ₹ 18,000