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A, B and C share profits in the ratio \(4:4:2\). A's share is \(\text{Rs }32,000\). Find the total profit.

Answer and explanation

Correct answer: \(\text{Rs }80,000\)

Total ratio \(=4+4+2=10\). A has ratio \(4\), so A's share corresponds to \(\frac{4}{10}\) of total profit.
Given \(\frac{4}{10}\times \text{Total} = 32,000\).
So \(\text{Total} = 32,000\times \frac{10}{4} = 32,000\times 2.5 = 80,000\).
Therefore total profit is \(\text{Rs }80,000\).

Related tags

AccountancyPartnershipProfit DistributionRatio

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