Partnership Practice Test 3

Question : 1 of 40

Marks: +1, -0

Sonu, Monu and Mohit together start a business with the investment of Rs. 1800, Rs. 1500 and Rs. 1600 respectively. If at the end of the year, Monu gains a profit of Rs. 900 the total profit in the business is :

Rs. 2880
Rs. 2940
Rs. 3200
Rs. 3240

Validate

Solution:

Ratio of their capitals = 1800 : 1500 : 1600 = 18 : 15 : 16
Sum of proportionals = 18 +15 + 16 = 49
Monu’s profit = Rs. 900
∴ Total profit in the business =

900 /15 × 49

= Rs. 2940

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