Free Practice Question
PS · Problem Solving
705-805
Fractions/Ratios/Decimals
In a partnership, A invests th of the capital for th of the time, B invests rd of the capital for rd of the time and C invests the rest of the capital for the whole time. Out of a profit of $4140, A’s share is:
Answer Choices
Correct answer marked belowA
$100
B
$120
$180
Correct
D
$300
E
$540
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Explanation
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Official Explanation
Official
Let total capital = C, total time = T.
A invests for .
B invests for .
C invests the rest: for the whole time T.
Profit sharing ratio is proportional to (investment × time):
A's share:
B's share: …
A invests for .
B invests for .
C invests the rest: for the whole time T.
Profit sharing ratio is proportional to (investment × time):
A's share:
B's share: …
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Sign in to commentWhat this question tests
What it tests
Your ability to convert between fractions, ratios, and decimals and to reason proportionally.
Common trap
Cross-multiplying incorrectly or mixing up the ratio parts — a part:part ratio is not a fraction of the whole.
Details
Difficulty
705-805
Type
PS
Category