Partnership Practice Test 1

Question : 32 of 40

Marks: +1, -0

Vipul, Rajan and Santosh enter into a partnership by investing Rs 1 lakh, Rs 2 lakh and Rs 3 lakh respectively. At the end of the year, the loss was divided among them. If Rajan’s loss is Rs 25,000, then find the total loss.

Rs 78,000
Rs 76,000
Rs 75,000
Rs 79,000
Rs 80,000

Validate

Solution:

Ratio of their investments = 1 lakh : 2 lakh : 3 lakh = 1 : 2 : 3
Let the total loss be Rs x
Then

2/6

of x =

25,000×6/2

x=6/2×25000

= Rs 75,000

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