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Illustration
35% of 240
= 35/100 × 240
= 8400/100
= 84
24 × 3 + 12 = 84
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Partnership Question in Actual CMAT 2023 Slot - 1

11 December 2023 · by CMATking

Q1. A and B started a business with investments of ₹ 4500 and ₹ 2700 respectively. Find the share of profit of A in the total annual profit of ₹ 256.
A ₹170

B ₹120
C ₹160
D ₹140

EXPLANATION

Answer: C

Profits of A and B will be in the ratio of investments, i.e. 4500:2700 = 5:3
Total profit = Rs 256
A's profit = 5/8 * 256 = Rs 160
The answer is option C.