L, M, N enter into a partnership work with L receives Rs. 54000. If out of a total profit of Rs. 450

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30 Sep 2021 Partnership

L, M, N enter into a partnership work with L receives Rs. 54000. If out of a total profit of Rs. 4500. L gets Rs. 1500 and M gets Rs.2100. N gets Rs.900, then M capital is

OPtion

1. 70500
2. 75600
3. 72700
4. 74900
5. 72000
6. 73650
7. 74874
8. 79980
9. 78000
10. None of the above

Solution

Profit ratio is L:M:N=1500:2100:900
L:M:N=5:7:3.
Let L,M,N be 5x,7x,3x
L’s receives,5x=54000,x =10800
M’s receives,7 *10800 = Rs.75600

Correct Option: 2 Best Solution (2)