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In a business partnership among A, B, C and D, the profit is shared as follows:
A’s share = B’s share = C’s share = 1 B’s share C’s share D’s share 3
If the total profit is $ 4,00,000, then, the share of C is
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- $ 1,12,500
- $ 1,37,500
- $ 90,000
- $ 2,70,000
Correct Option: C
Given that , Total profit = $ 4,00,000
A : B = 1 : 3
B : C = 1 : 3 = 3 : 9
C : D = 1 : 3 = 9 : 27
∴ A : B : C : D = 1 : 3 : 9 : 27
Sum of ratios = 1 + 3 + 9 + 27 = 40
| ∴ C’s share in profit = | × Total profit | Sum of ratios |
| C’s share in profit = | × 400000 = $ 90,000 | 40 |
