Difficulty: Easy
Correct Answer: ₹ 700
Explanation:
Introduction / Context:
In capital-time proportional partnerships with equal time periods, profit shares are distributed in the ratio of capitals. This question asks for the difference between B's and A's shares, which is a neat way to avoid calculating each partner's entire share if you handle ratios correctly.
Given Data / Assumptions:
Concept / Approach:
Convert capitals to a simple ratio and compute the value per unit of ratio. The difference in shares between B and A is (B's ratio − A's ratio) * value per unit. This is faster and reduces arithmetic errors.
Step-by-Step Solution:
Capitals: 45 : 55 : 60 (in thousands → ratio units 45, 55, 60). Total ratio units = 45 + 55 + 60 = 160. Value per unit = 11,200 / 160 = 70. Difference B − A = (55 − 45) * 70 = 10 * 70 = ₹ 700.
Verification / Alternative check:
Compute shares explicitly: A = 45*70 = 3,150; B = 55*70 = 3,850; C = 60*70 = 4,200. Total = 3,150 + 3,850 + 4,200 = 11,200. Difference = 3,850 − 3,150 = 700.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
₹ 700
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