Examveda

A, B and C are Partners in a firm Sharing Profit in the ratio of 3 : 4 : 5. If they set aside 4% of the Profits as emergency fund and shared the rest of the profit and 8 gets his share of Profit as Rs. 1,81,400, the amount of Profit set aside for emergency fund is:

A. Rs. 27,845

B. Rs. 18,140

C. Rs. 22,675

D. Rs. 24,500

Answer: Option C

Solution (By Examveda Team)

If total profit = 100 (Let)
4% is emergency fund = $$ = \frac{{4 \times 100}}{{100}} = 4{\text{ unit}}$$
Ratio of profit =
Partnership mcq question image
32 unit = 181400
1 unit = 5668.75
4 unit = 22675

This Question Belongs to Arithmetic Ability >> Partnership

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