StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

A started the business with an amount of ₹12,000 and stayed in the business for 5 months. B invested ₹15,000 and stayed in the business for 8 months. After 4 months from the start, C started the business with an amount of ₹200 more than A. If the annual profit is ₹138,800, then what is the share of profit B will get?

  1. ₹60,000
  2. ₹85,000
  3. ₹75,000
  4. ₹65,000

Correct answer: ₹60,000

Solution

In partnership problems, profit is shared according to capital × time. Using the given durations and investments, B's share comes out to ₹60,000.

Related IBPS PO General Awareness questions

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →